NJ Spotlight News
Alden Global Capital looks to buy the Press of Atlantic City
Clip: 11/29/2021 | 4m 16sVideo has Closed Captions
Interview with Stefanie Murray of Montclair State University
Alden Global Capital, which has become the second-largest owner of newspapers in the nation has been called a “vulture capitalist” for its pattern of buying newspapers, then gutting newsrooms and selling off assets while chasing profits. Now Alden is attempting a takeover of Lee Enterprises, the nation’s third-largest newspaper chain and the owner of the Press of Atlantic City.
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS
NJ Spotlight News
Alden Global Capital looks to buy the Press of Atlantic City
Clip: 11/29/2021 | 4m 16sVideo has Closed Captions
Alden Global Capital, which has become the second-largest owner of newspapers in the nation has been called a “vulture capitalist” for its pattern of buying newspapers, then gutting newsrooms and selling off assets while chasing profits. Now Alden is attempting a takeover of Lee Enterprises, the nation’s third-largest newspaper chain and the owner of the Press of Atlantic City.
Problems playing video? | Closed Captioning Feedback
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NJ Spotlight News is a local public television program presented by THIRTEEN PBS