State your views and opinions on local and national news, politicians, leaders, education, investigations and more. So the fact that someone thought it was smart to buy the Boston Herald out of bankruptcy for just under $12 million would seem like a moment for celebration. But the corporate entity that really matters is its owner, a secretive hedge fund named Alden Global Capital. Having two significant daily newspapers is a blessing, one granted to very few American cities. Editorial Cartoons. The Herald’s sale will still need to be approved Friday, in a bankruptcy court in Delaware. It has been awarded eight Pulitzer Prizes in its history. Alden’s methods fall under the rubric of what some call vulture capitalism: Buy up papers, sell off whatever assets you can (like their offices downtown), and cut costs to the bone. As Los Angeles Daily News sports columnist Tom Hoffarth. As Los Angeles Daily News sports columnist Tom Hoffarth tweeted when he was laid off last month: “If a hedge fund owns a paper that it is trying to sell off to a prospective buyer, employees are collateral damage.”. Jim Morin. NZ's Volpara buys Boston-based CRA Health for $25m 2 Feb, 2021 04:24 AM 2 minutes to read Dr Jean Weigert, radiologist of The Hospital of Central … Digital First merged many of its operations with its other southern California newspapers. Boston Herald death notices and Death Notices for Boston Massachusetts area . Digital First Media had the high bid; for those who don’t follow the shufflings of faceless newspaper chains, that’s the nom de pillage of what used to be known as the Journal Register Co. and MediaNews Group. Get the latest breaking news, sports, entertainment and obituaries in Fall River, MA from Fall River Herald News. Letters to the Editor. Check out Boston.com. Alden tried selling off Digital First in 2014, and it’s looking to do so again. Authorities are aware of online chatter about “an identified militia group” potentially planning to enter the Capitol on Thursday, according to The Hill. Meet the Editorial Board. Boston Herald editors echo genocide of the Third Reich. Op-Ed. Sharon, PA (16146) Today. The Herald today has about 240 employees. Two newspapers means more reporters, more editors, more people on watch for things the public should know — and more options for readers. Back in the 1990s, the paper had a newsroom staff of 440. Digital First Media will be the new owners of the Boston Herald. Opinion: Fitness centers an essential tool in coronavirus fight https://trib.al/iVq2ZvY Although Americans are desperately hoping the New Year will bring an end to COVID-19, the reality is that we are facing what President Joe Biden has called a “dark winter.” Winds SW at 10 to 15 mph.. Tonight. By Jason Mastrodonato Boston Herald … In Fitchburg, where it owns the Sentinel & Enterprise, it announced earlier this month that it’ll be abandoning its physical offices entirely in favor of a “virtual newsroom.” Local newspapers aren’t a booming business anywhere, but Digital First’s cuts stand out as deeper than just about any other owner in the industry. I don’t expect a Delaware judge to care much about the journalistic health of Boston. New York, Philadelphia, Chicago, Detroit, and a few others remain on that list, but it gets shorter all the time. And that’s even assuming that Digital First remains the owner. As part of the bankruptcy process, the paper and its union agreed that at least 175 of them would be initially retained by the next owner. ... the Boston Herald reported. A local owner who cares about the quality of news is better than a distant one who does, and both are better than one whose only concern is the bottom line. What the Boston Herald editors are too brain damaged to fully realize is just how closely their call for the mass execution of scientists, naturopaths and journalists resembles the eugenics purge of the Third Reich. So far, there seems to be at least a glimmer of hope for equitable distribution of the coronavirus vaccine. Live news, investigations, opinion, photos and video by the journalists of The New York Times from more than 150 countries around the world. To be owned by Digital First is to be gutted. The Boston Herald is the leading source of breaking news, local news, sports, politics, entertainment, opinion and weather in Boston, Massachusetts. Opinion | Joshua Benton The Boston Herald’s buyer is a vulture capitalist. Hopefully, March 4 will be an uneventful day. Its founder, Randall Smith, appears not to have granted a single press interview in three decades — an unlikely press baron. The owner of the Boston Herald newspaper has filed for chapter 11 bankruptcy and is putting itself up for sale, with a $5 million starting offer from GateHouse Media. Low 27F. Joshua Benton is director of the Nieman Journalism Lab at Harvard. The best source of local news in Nova Scotia, featuring articles from The Chronicle Herald, breaking news, sports, entertainment, business, and national news. In Fitchburg, where it owns the Sentinel & Enterprise, it announced earlier this month that it’ll be, And that’s even assuming that Digital First remains the owner. All Opinion. The stories are similar at Digital First’s papers across the country — selling off land, laying off journalists, milking revenue streams dry. That’s a pretty good descriptor of daily newspapers, of which it currently owns more than 80. In the Bay Area, it’s torn what was once a mighty newspaper — the San Jose Mercury News — down to the studs. Amazon opposition should learn from NY’s mistake, Editorial: Drawing early battle lines of potential Massachusetts governor race matchup, America unfairly blamed despite vax successes, Six Dr. Seuss books will no longer be published because of racist images. Speak Up. LOWELL -- In a U.S. District Court of Massachusetts virtual hearing Wednesday morning, former state Rep. David Nangle pleaded guilty to 23 federal fraud charges. Here’s what the company has done to the papers it currently controls. Boston is focusing on a rebuild and could be wary of having prospects on the Opening Day roster, unlike 2018 when Manager Alex Cora went full steam ahead. Clear skies. Alden tried selling off Digital First in 2014, and it’s looking to do so again. Submit a Letter to the Editor of the Miami Herald news company in South Florida. Legal squabble over conflicts of interest shakes up Boston mayoral race https://trib.al/hI7RTGD Boston mayoral hopefuls on the City Council are scrambling to figure out what to do after a council staffer wrote up a legal opinion saying that conflicts of interest prevent them from voting on wh… The Boston Globe - Official Site Find your deceased ancestors' current obits in our Boston Herald ... home town, etc. Submit a Letter. But when it comes to support services for at-risk populations, and our most vulnerable seniors and children, the fight for fairness... President Joe Biden announced he would be using the powers of the federal government to direct all states to prioritize vaccinating teachers. The Boston Herald is the leading source of breaking news, local news, sports, politics, entertainment, opinion and weather in Boston, Massachusetts. Trump's alleged interference to take centre stage as Meng Wanzhou's extradition hearings begin (Leah Mills/Jennifer Gauthier/Reuters - image credit) Donald Trump's actions will take centre stage in a Vancouver courtroom this week as Meng Wanzhou's lawyers try to prove the former U.S. president poisoned extradition proceedings against the Huawei executive. The end game is to be sold off, or just shut down. It’s less the Herald being saved than the Herald being stripped for parts. Some are concerned it won't be. Carl Levin's legacy Rather than be remembered as "the master of the modern congressional investigation” as Jeff Robbins suggests, Sen. Carl Levin may instead be remembered as the chair of a Senate Finance committee who had little to no understanding... Fenway, Gillette mass vax sites cost $1.1M per week, Celtics lower bar on what makes banner year, Vigilance key to keeping nation’s Capitol safe, Ambrose: Reaction to Capitol riot sours outlook for return to White House, Kennedy: Trump, Biden Medicare moves need fixing, Wendy Murphy: No place for those who betray young children, Howie Carr: COVID has the Karens and Biden voters cowering, Ferriabough Bolling: Community heroes fulfill needs, fight inequity, Lucas: Biden gives China a pass on oppression, brutality, Battenfeld: Creepy Andrew Cuomo has to go, Howie Carr: Vaccines, Saudi Arabia, China and more leave Biden confused. The stories are similar at Digital First’s papers across the country — selling off land, laying off journalists, milking revenue streams dry. The Boston Herald is a tabloid American daily newspaper whose primary market is Boston, Massachusetts, and its surrounding area. Explore Life Stories, Offer Condolences & Send Flowers. It was founded in 1846 and is one of the oldest daily newspapers in the United States. Clear skies. 7-day free trial. Editorials. A recent round of layoffs will leave about 250 journalists — but now shared across 11 newspapers. From Our Inbox. It’s what it’s done everywhere else. But just short of setting the place on fire, being bought by Digital First is about the worst outcome possible. Trump picked up an endorsement from The Boston Herald, while The N.H. Union Leader broke tradition for Biden The Herald pointed to the president "putting America first on … Despite being the paper of record in booming Silicon Valley, that total is now down to about 40. In 2016, Digital First won a different bankruptcy auction — this one for the Orange County Register, which had gotten notice a few years earlier by expanding its newsroom, peaking at around 400 staffers. Alden is the variety of hedge fund that specializes in “distressed” businesses, particularly those that still throw off free cash even as they decline. CLICK HERE TO TURN ON NOTIFICATIONS. GET BREAKING NEWS IN YOUR BROWSER. Editorial: Will coronavirus vaccines get teachers back in school? Ownership matters. But if you know much about the company doing the bidding, you know that any feelings of relief will be short-lived — and followed by the newspaper equivalent of strip mining. But there isn’t anyone in the industry who thinks Digital First won’t follow that first cut with round after additional round. Buy a digital subscription to Boston Herald with PressReader and enjoy unlimited reading on up to 5 devices. The latest Opinion and analysis from The Sydney Morning Herald with local, national and international perspectives Boston's source for the latest breaking news, sports scores, traffic updates, weather, culture, events and more. Editorials, commentary, op-eds, columns from Howie Carr, Adriana Cohen, the Boston Herald editorial board and more, along with letters to the editor.
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