#newspaper industry

#newspaper industry

Staff at the New York Daily News and Forbes walked out in protest of job cuts and budget slashes by owner Alden Global Capital.

The New York Daily News, once a powerhouse with the largest circulation in America, has seen a significant decline in staff and readership over the years. [ more ]

The Baltimore Sun, the largest newspaper in Maryland, has been sold to David D. Smith, the executive chairman of Sinclair network.

Mr. Smith bought Baltimore Sun Media, including The Sun, in a private deal from Alden Global Capital. [ more ]

The Washington Post is well known for its leadership and storied history, with figures like Ben Bradlee and Katharine Graham becoming iconic symbols of the paper's coverage of important events like the Pentagon Papers and Watergate.

The Graham family dynasty, which led the Post for decades, eventually passed the stewardship of the newspaper to Katharine Graham's granddaughter, Katharine Weymouth, who hired Martin Baron as executive editor in 2012.

Under Weymouth's leadership, the newspaper business was struggling and she eventually sold the Washington Post to Jeff Bezos, the founder of Amazon. [ more ]