Save Our Sun Becomes Save Our Newspapers

Earlier this year, the union that represents editorial workers at the Baltimore Sun launched an effort to wrest control of the paper from its owner, Chicago based Tribune Company.

Now, that movement has spread to nine other Tribune-owned papers in six states because the journalists at those papers fear the influence of a New York hedge fund.

The journalists had been frustrated for years as newspaper staffs continued to shrink through repeated buyouts and corporate cutbacks. But when Alden Global Capital, a New York hedge fund with a reputation for buying and gutting newspapers, entered the picture they decided to do something.

“One of the biggest problems we have in journalism right now, is hedge funds are bleeding newsrooms dry,” said Jon Schleuss, president of the News Guild International, the union that represents reporters at The Sun and other papers.

Read source here