In the documentary “News Matters,” Dean Singleton, who sold a majority share of his newspaper chain to the hedge fund Alden Global Capital in 2013, tells a gruesome story.
He recalls being sent out to a one-car accident after midnight when he was a young reporter working in Wichita Falls, Texas. The police officer at the scene told him the driver had been killed. Singleton, though, could see that the driver’s arms and legs were still moving, so he pressed the officer. The answer: the body would keep jerking around for a while, but that didn’t make him any less dead.
“That’s kind of where print newspapers are today,” he says.
“News Matters,” by Brian Malone, tells the story of Denver’s two daily newspapers — the Rocky Mountain News, which folded in 2009, and The Denver Post, formerly the crown jewel of Singleton’s empire, now being torn apart by Alden. The Post at one time had between 250 and 300 reporters; today it has about 60. As retired Washington Post executive editor Marty Baron says, that’s not nearly enough to cover a metropolitan area the size of Denver, with a population of about 2.9 million.
Among those interviewed for the film is Greg Moore, a former managing editor of The Boston Globe, who was the Post’s top editor for 14 years before resigning in 2016 rather than implement cuts demanded by Alden. Moore recalls being grilled by Alden’s bean-counters over every issue imaginable, and some that weren’t imaginable, like “Why do you have photographers?” and “Why can’t you be the same size as some pissant paper in New Jersey?”
If there is a central character in “News Matters,” it’s former Post editorial page editor Chuck Plunkett, who wrote a searing editorial in 2018 referring to Alden as “vulture capitalists” and calling on community leaders to buy the Post. Plunkett becomes emotional when he recalls the cuts that followed Moore’s departure, saying, “I felt like I was floating out of my body, not even attached to the real world. And I just had this very clear thought — this is where The Denver Post dies.” Plunkett resigned not long after writing the anti-Alden editorial.
Toward the end of the film, we see some of the Post journalists who we’ve gotten to know — Larry Ryckman, Dana Coffield, Tamara Chuang and Jennifer Brown — starting a new venture, the online-only Colorado Sun. “The journalists you see up here today are the owners of The Colorado Sun,” Ryckman tells the small crowd that had gathered, “and we will be the ones calling the shots.”
Singleton’s retort: “The Colorado Sun has no future in my opinion … There’s no business model there.”
Well, the Sun is still shining, and it appears that it may be on track toward becoming a sustainable business. The film takes us into the early days of COVID-19. “Ad revenue has fallen off a cliff,” Ryckman says, “but it has greatly increased membership.” Earlier this year, the Sun acquired a group of 24 weekly and monthly newspapers in Denver’s suburbs.
And the once-mighty Denver Post continues to shrink.
If you’d like to see “News Matters,” you’d better hop to it. I only found out about it last week, and it turns out that Rocky Mountain PBS is taking it down on Wednesday. For the next couple of days, you can watch it here. There’s also information about hosting a screening that you can find at the film’s website.