McKay Coppins

@mckaycoppins ↗

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Last Checked Jan. 5, 2022

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Thu Oct 14 11:34:23 +0000 2021

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McKay Coppins @mckaycoppins

You probably feel like you already know why local news is dying. Craigslist killed the classifieds, Google/Facebook swallowed the ad market, and hapless newspapers failed to adapt to the internet. There's truth to all that—but the Alden story is different. https://t.co/tR4OR2Lj7Y — PolitiTweet.org

Posted Oct. 14, 2021

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McKay Coppins @mckaycoppins

Inside Alden Global Capital, the secretive hedge fund that's gutting local newspapers across the country—and could be coming to your town next. My cover story for the November issue of @TheAtlantic: https://t.co/tR4OR2Lj7Y — PolitiTweet.org

Posted Oct. 14, 2021

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McKay Coppins @mckaycoppins

Alden has figured out how to profit by driving its papers into the ground: Gut the staff, sell the real estate, jack up subscription prices, and wring as much cash as possible out of the enterprise until readers bolt and the paper shrivels or folds. https://t.co/tR4OR2Lj7Y — PolitiTweet.org

Posted Oct. 14, 2021