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As you can imagine, the local newspapers have struggled. There are a variety of reasons for this. Hedge funds have milked these companies for all their worth. Overpaid senior managers have fired their lowest paid employees (journalists), resulting in an inferior product. Facebook and Google have claimed a far larger chunk of the advertising pie.
Jacob Cohen Donnelly • Local News Works When Cost Structure Isn't Screwed Up
Mario Stoev
@mariostoev-359a

News-powered hedge fund raises $100mn to trade on reporters’ scoops
ft.comJoe Maracic
@loudegg
Matthew Burke
@ma_burke
Chris Beer
@cribbeer
Steve Alexandrowski
@salex
Albert Chu
@chubert