As a Secretive Hedge Fund Guts its Newspapers, Journalists Are Fighting Back in Their Own Pages

Demoralized by rounds of job cuts, journalists at San Jose’s Mercury News and East Bay Times in Oakland, Calif., took their case to the public last month. At a rally in Oakland, they handed out a fact sheet detailing the “pillaging” of their papers, accompanied by a cartoon of a business executive trying to milk an emaciated cow.

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One thought on “As a Secretive Hedge Fund Guts its Newspapers, Journalists Are Fighting Back in Their Own Pages

  • October 23, 2018 at 10:10 am
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    As a long time subsriber of the Mercury News I am appalled to hear about this, there is a discussion on nextdoor.com with subscribers complaining about $800+ annual subscription rates. Apparently they are making a lot of money by jacking up rates while pulling resources from the newsroom. I currently pay less than $200 for my annual subscription (by check only!) and that is only after numberous calls and complaints to subscription services. I encourage everyone to do the same. This Hedge Fund is essentially participating in an elder abuse scheme as the vast majority of subscibers are 60+. Deplorable. I support the journalists.

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