A New York Investment Firm Just Bought Sonoma County's Local Newspaper
The Press Democrat, the longtime local newspaper of Santa Rosa and Sonoma County, has been sold to MediaNews Group, a newspaper publisher owned by Alden Global Capital, an investment firm based in Manhattan. The sale has raised alarms among North Bay journalists and residents, who fear that the company will continue its pattern of buying newspapers and then slashing staff. KQED’s Gabe Meline joins us to discuss the sale and its potential impact on the local media landscape in the North Bay. Correction: The description of Alden Global Capital has been updated. Links: Santa Rosa’s Press Democrat Was Just Sold. Locals Are Concerned For the Paper’s Future Learn more about your ad choices. Visit megaphone.fm/adchoices