NOTE: In May, notorious hedge fund vulture Alden Global Capital acquired the Tribune Co., including the Chicago Tribune and its dwindled family of newspapers.
“Chicago’s wealthy class failed the
city by refusing to rescue the Chicago Tribune from a hedge fund. A newspaper
is both a watchdog and a binding agent. The weaker the media, the more
inequitable a city is allowed to be. Rich Chicagoans sent a signal that they do
not care.”
—Mark Jacob, a former Chicago Tribune editor, in Margaret Sullivan, “America’s rich people could have saved local journalism —
and perhaps democracy. They refused,” The Washington Post, May 21, 2021.
• Editorial
Comment: Let ’em eat cake.
PeezPIX
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_____________
Edward C. Pease, Ph.D.
Professor & Department Head Emeritus
Department of Journalism & Communication
Utah State University
Today's WORD on Journalism