This article shines a spotlight on what is killing newspapers: - TopicsExpress



          

This article shines a spotlight on what is killing newspapers: corporate ownership by Wall Street. In the case of The Salt Lake Tribune it is true as well. The backroom deal struck between the Deseret News and the Tribs hedge fund owners, Alden Global Capital, allows the News to pick our pockets. The hedge fund got a pile of cash and the owners of the News got the means to strangle its bigger, more successful, long-time competitor.
Posted on: Wed, 13 Aug 2014 15:54:10 +0000

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