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A New York Investment Firm Just Bought Sonoma County's Local Newspaper

A New York Investment Firm Just Bought Sonoma County's Local Newspaper

The Bay

May 12, 202516m 48s

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Show Notes

The Press Democrat, the longtime local newspaper of Santa Rosa and Sonoma County, has been sold to MediaNews Group, a newspaper publisher owned by Alden Global Capital, an investment firm based in Manhattan.

The sale has raised alarms among North Bay journalists and residents, who fear that the company will continue its pattern of buying newspapers and then slashing staff. KQED’s Gabe Meline joins us to discuss the sale and its potential impact on the local media landscape in the North Bay. 

Correction: The description of Alden Global Capital has been updated.

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