A call for action.

    April 9, 2018

    The photo illustration shows the toll that layoffs and constant turnover have taken on the staff in the five years since. […] At least two dozen more journalists will be leaving The Post because of layoffs.

    “…raise(s) the question: Does this cut, which follows so many in recent years that our ranks have shriveled from more than 250 to fewer than 100 today, represent the beginning of the end for the Voice of the Rocky Mountain Empire?

    The cuts, backed by our owner, the New York City hedge fund Alden Global Capital, also are a mystery, if you look at them from the point of view of those of us intent on running a serious news operation befitting the city that bears our name. Media experts locally and nationally question why our future looks so bleak, as many newspapers still enjoy double-digit profits and our management reported solid profits as recently as last year.

    We call for action. Consider this editorial and this Sunday’s Perspective offerings a plea to Alden — owner of Digital First Media, one of the largest newspaper chains in the country — to rethink its business strategy across all its newspaper holdings.Consider this also a signal to our community and civic leaders that they ought to demand better. Denver deserves a newspaper owner who supports its newsroom. If Alden isn’t willing to do good journalism here, it should sell The Post to owners who will.

    [full article]

    https://www.npr.org/sections/thetwo-way/2018/04/09/600831352/denver-post-calls-out-its-vulture-hedge-fund-owners-in-searing-editorials?utm_source=dlvr.it&utm_medium=twitter

    Posted by dayle at 12:53 pm
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