By Shraddha Chakradhar, Photo: David Shankbone/Creative Commons, NiemanLab, April 20, 2022
From Alden Global Capital to Sinclair Media, tales of corporate media takeovers of local news outlets — and their chilling effects — are everywhere. A new study published late last month in New Media & Society journal provides further evidence of the devastating consequences of corporate ownership.
The authors of the study looked at a sample of 31 corporate-owned papers and 130,000 articles published by these outlets before and after they were acquired.
The publications they examined ranged from The Denver Post (whose parent company was acquired by Alden Capital in 2010), the New York Daily News (initially acquired in 2017 by Tribune Publishing and then four years later by Alden), LA Weekly (acquired by Semanal Media LLC in 2017), and 28 papers in California published by Digital First Media (also owned by Alden).
To read more about the challenges of local journalism from NiemanLab, please click HERE.
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