NPR's A Martínez talks to McKay Coppins of The Atlantic about how a hedge fund, Alden Global Capital, is buying and then gutting newspapers — and the implications for democracy.
Hedge fund Alden Global Capital, known for making deep newsroom cuts, won approval to acquire Tribune Publishing, which includes the Chicago Tribune, The Baltimore Sun and New York Daily News.
The Baltimore Sun's Liz Bowie is leading reporters across Tribune properties to find civic-minded owners for the chain's newspapers before a hedge fund with a record of slashing cuts buys the company.