Heath Freeman is the hedge fund guy who says he wants to save local news. Somehow, no one’s buying it. - News Summed Up

Heath Freeman is the hedge fund guy who says he wants to save local news. Somehow, no one’s buying it.


ADADThe American newspaper industry was built by families whose commitment to civic life and First Amendment principles is reflected in the think tanks, prizes and academic buildings that still bear their names. Freeman, though, has been invisible in the communities his papers cover and silent about the journalism they produce. ADADA word from Freeman: “I wanted to clear up some misconceptions.” The business of local news has been broken a long time, he notes. “They became big players in the newspaper industry because nobody else wanted to,” said Dean Singleton, the co-founder and former CEO of MediaNews Group, who oversaw the company’s bankruptcy. “Heath Freeman is not the only one who has taken advantage of the news media over the past 10 years,” said Marx.


Source: Washington Post June 11, 2020 15:31 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */