Chain ownership is almost never a good thing. But some chains are better than others — and Hearst is among the very best. No doubt its status as a privately owned company whose family is involved in management has a lot to do with that. The legendary mogul William Randolph Hearst would be proud.
Among other things, the Hearst-owned Times Union of Albany, New York, did some of the crucial early reporting about sexual assault allegations against Gov. Andrew Cuomo — accusations that have brought him to the brink of resignation or removal.
Hearst has been making some interesting moves in Connecticut for quite some time. Now, with the hedge fund Alden Global Capital tearing apart what’s left of the Hartford Courant, Hearst is positioning itself as a digital rival for statewide coverage. Rick Edmonds of Poynter reports that the company has launched a new website, CTInsider.com, that features coverage from its 160 journalists at eight dailies and 14 weeklies and websites in the state.
CTInsider.com offers a combination of free and paid content. Subscribers pay $3.99 a week after an initial discount.
The Hearst paper I’m most familiar with is the New Haven Register, a daily paper that figured heavily in my 2013 book about hyperlocal news projects, “The Wired City.” The project I was profiling, the New Haven Independent, a digital nonprofit founded in 2005, was providing deep coverage of the city, filling a gap left by the dramatic downsizing of the Register.
It was an interesting time for the Register. Under the ownership of the reviled Journal Register chain, the Register had lurched into bankruptcy. Journal Register then morphed into Digital First Media, headed by a visionary chief executive named John Paton who, about a dozen years ago, provided a jolt of optimism. Soon, though, Alden moved in, merging Digital First with its Denver-based chain, MediaNews Group, and, well, you know the rest. But then Hearst bought the New Haven Register a few years ago, and the paper has since undergone something of a revival.
The Hartford Courant had thrived for many decades as Connecticut’s sole statewide paper. But under Tribune Publishing’s chaotic ownership, it had been shrinking for many years. During the years that I was reporting “The Wired City,” a pair of vibrant websites devoted to covering state politics and policy had popped up — the for-profit CTNewsJunkie.com and the nonprofit Connecticut Mirror, both of which are still going strong.
Note: Now updated with email from Mike DeLuca, president and publisher of Hearst Connecticut Media Group.
Holy cow. Matt DeRienzo is out as chief news executive for Hearst’s Connecticut newspapers, anchored by the New Haven Register. I hear he’ll be replaced by Canadian journalist Wendy Metcalfe.
I first met DeRienzo in 2011 when I was wrapping up my book on the nonprofit New Haven Independent, “The Wired City,” and he had just been named editor of the Register. At the time, DeRienzo was a rising star within the forward-thinking Digital First chain being built by John Paton. After Digital First became part of the hedge fund Alden Global Capital, everything went south, and DeRienzo eventually quit in protest.
At Hearst, DeRienzo championed the case of Tara O’Neill, a Hearst reporter who was arrested and handcuffed while covering a Black Lives Matter protest in Bridgeport. O’Neill’s case was the subject of a WGBH News New England Muzzle Award earlier this year.
What follows is an internal email sent to the staff from Mike DeLuca, president and publisher of the Hearst Connecticut Media Group, which I obtained a short time ago.
Coming up on five months leading HCMG [Hearst Connecticut Media Group], I have been impressed with much of what has been done and the strides we have made across the organization. There is no doubt, we are the best equipped media company in all of Connecticut to provide high-quality news and information that matters to our customers.
In an era when our industry is facing significant headwinds, I take great comfort in being a part of Hearst, whose commitment to journalism is unsurpassed and unwavering.
While much of what is happening everyday here should be applauded, it is my job to ensure we have the right vision and leadership to continuously improve.
After thoughtful consideration, it is my pleasure to welcome Wendy Metcalfe as our new Vice President of Content and Editor in Chief. Wendy will be charged with the responsibility of upgrading the quality of our enterprise reporting across all of our newsrooms while working with our consumer marketing teams to deepen the engagement we have with our readers. Wendy comes to us from the Brunswick News Inc. where she oversaw Editorial, Marketing, Circulation and Customer Services. Under her leadership, Wendy’s teams have been recognized nationally for some of the most important enterprise news reporting that has had a direct impact on the quality of life in the communities served. Most notably, the Telegraph-Journal received the 2018 Michener Award which is the highest honor in Canadian journalism and often called the Canadian Pulitzer Prize, with only one awarded across Canada each year.
Additionally, Wendy has extensive experience in executive positions at national, regional and local media companies. Key roles include Assistant Managing Editor at Canada’s biggest newspaper — the Toronto Star, Editor-in-Chief of the Toronto Sun, Regional Content Director for 19 Sun Media publications and a lead role at the Daily Record — one of the U.K.’s largest dailies.
She was also recently named one of the top 10 leading women to watch in media across North America by Editor & Publisher.
Wendy will arrive to CT with her husband and two children in mid-November and I am thrilled to welcome her.
In a related move, Matt DeRienzo will be leaving HCMG to pursue other opportunities and I thank him for his contributions and wish him the best.
We will be meeting with the various newsroom teams throughout the rest of today and tomorrow to communicate interim reporting structures.
Thank you all for everything you are doing and I am looking forward to speaking with you over the next few days.
HEARST | President & Publisher, Hearst CT Media Group | CEO, LocalEdge
No, not the debut of a new feature. But there’s a lot going on today. So let’s get to it.
• Jason Rezaian is coming home. Rezaian, who’s a Washington Post reporter, is being released by Iran along with three other prisoners as part of a swap. Meanwhile, Iran is moving closer to compliance with the nuclear deal, and, as we know, it returned without incident a group of American sailors who had drifted into its territorial waters even as the Republican presidential candidates were calling for war or something.
What President Obama’s critics refuse to acknowledge is that Iran is complicated, factionalized, and slowly lurching toward better (not good) behavior. Obama has invested a considerable amount of his moral authority into trying to nudge along a less dangerous Iran, and his efforts are paying off.
And kudos to Post executive editor Marty Baron, who has kept the spotlight on Rezaian’s unjust imprisonment for the past year and a half.
• The routes are at the root.Boston Globe reporter Mark Arsenault today has the most thorough examination yet of what went wrong with the Globe‘s home-delivery system when it switched vendors at the end of December. Arsenault takes a tough look at the decisions made by the paper’s business executives, who clearly did not do enough vetting of the plans put together by the new vendor, ACI Media Group. And he opens with Globe publisher John Henry amid thousands of undelivered papers at the Newton distribution center, sending a message that, yes, the owner is engaged.
As has been reported previously, but not in as much detail as Arsenault offers, ACI’s routes just didn’t make sense. And what looked like a mere glitch at the end of day one turned into a catastrophe as drivers walked off the job once they realized there was no way they could make their appointed rounds.
It’s the Globe itself that has to take primary responsibility, of course. But based on Arsenault’s report, ACI officials—who did not speak to him—clearly sold the Globe a bill of goods. If ACI has a different perspective on what happened, we’d like to hear it soon.
• Digital First workers revolt. Employees at Digital First Media are fighting for their first raise in seven to 10 years, according to an announcement by workers represented by the Newspaper Guild. These folks have been abused for years by bad ownership as hedge funds have sought to cash in.
The effort covers some 1,000 Guild members. It’s unclear whether employees at non-Guild papers—including the Lowell Sun and the New Haven Register—would be helped.
Authorities have arrested and are preparing to charge the Rhode Island suspect in the alleged terrorist plot that ended in the shooting death of a Boston man last week. News organizations that had been withholding his name are now identifying him. The Boston Globe, for instance, reports that he is Nicholas Rovinski, 24, of Warwick, Rhode Island.
As I wrote last week for WGBH News, identifying a “person of interest” who has not been charged — and who may not be charged — is an ethically dubious practice. My views are informed by what I learned in researching my book “The Wired City.” Among the stories I reported on was the New Haven Independent’s decision not to name the likely suspect in the murder of a Yale graduate student until after he had been formally charged. Independent editor Paul Bass spoke with my Northeastern ethics students about the case in a conference call earlier this week.
What follows is an excerpt from “The Wired City,” taken from a longer excerpt published by the Nieman Journalism Lab.
On Monday, Sept. 14, 2009, six days after Annie Le had been reported missing, the Independent became the first to reveal that police had identified a 24-year-old laboratory technician who had worked with Le as a “person of interest.” The New Haven Register’s website followed shortly thereafter. And so began one of the more curious side stories of the Annie Le case.
As law enforcement officials continued with their investigation on Tuesday, neither the Independent nor the Register released the name of Le’s coworker. On Tuesday night, though, the police department held a news conference and announced that the “person of interest” was Raymond Clark, whose name was included in a press release. Because the news conference was covered live by a number of television stations, Clark’s identity immediately became public. On Wednesday, the Register named Clark and interviewed people who knew him. “I’m in total shock,” an unidentified high school classmate was quoted as saying. “He was the nicest kid — very quiet, but everyone liked him. I can’t believe he could do this. I’m sick to my stomach.” But the Independent continued to withhold Clark’s name.
The Independent’s managing editor, Melissa Bailey, was at the news conference too. She took notes and shot some video of New Haven Police Chief James Lewis speaking to reporters. But neither her story nor her video used Clark’s name. Bailey wrote, somewhat cryptically, “Police named the target of the search, calling him a ‘person of interest.’” Nor did the Independent identify Clark on Wednesday — and not even in a story posted early on Thursday morning reporting that police had staked out a motel where Clark was staying the night before, although it did link to a Register story that identified Clark in its lead paragraph. It wasn’t until later on Thursday morning that the Independent finally named Raymond Clark as the person police believed had murdered Annie Le. The reason: by then Clark had been arrested and charged, and was being taken into court for a formal arraignment.
The Independent’s refusal to name Clark until he had been formally charged was an admirable exercise in journalistic restraint. The decision derived in part from Bass’s institutional memory. In 1998, police had mistakenly identified a Yale professor as a “person of interest” in the murder of a student named Suzanne Jovin. No evidence against the professor was ever made public, and the murder was never solved. (In 2013, Yale and the city of New Haven announced a settlement with that wrongly accused professor.) Essentially, though, this restraint was a statement of Bass’s sense of how a news organization ought to serve the community
Judging by comments posted to the Independent, many readers appreciated Bass’s decision. “Thank you for the good sense to not publish his name at this time,” wrote “asdf” on Tuesday evening, after Clark’s name had begun to leak out but before the police had named him. The commenter added: “I really don’t understand what there is to gain by releasing his name — if you don’t have enough evidence to arrest him, then you don’t have enough evidence to smear him in the media.” Then there was this, from “LOOLY,” posted on Wednesday morning, after Clark’s name had been widely reported: “It should really be very simple. Unless he is being charged his name should not be used.”
Bass also had to make several other difficult decisions about identifying people connected to the Annie Le story. On Sept. 14, as Clark’s name was leaking out, the media converged on his apartment in Middletown, northeast of New Haven. Christine Stuart, who runs the political website CT News Junkie and contributes to the Independent, noticed the name of a woman along with that of Raymond Clark. She passed it along, and Melissa Bailey started plugging it into various social-networking sites. It didn’t take long before she found a public MySpace page for the woman, who turned out to be Clark’s 23-year-old fiancée. Bailey captured a screen image before the page could be taken down — which it soon was.
Bailey wrote a story that began, “The target in the slaying of Yale graduate student Annie Le had something in common with the victim — he, too, was engaged.” And she quoted the young woman as writing of Clark: “He has a big heart and tries to see the best in people ALL THE TIME! even when everyone else is telling him that the person is a psycho or that the person can’t be trusted. he thinks everyone deserves a second chance.” The woman’s name and photograph wound up being published by other news outlets, but it never appeared in the Independent.
That was not the Independent’s only social-networking scoop. In nearby Branford, Marcia Chambers of the Branford Eagle, a community news site that is affiliated with the Independent, was working her sources. Somehow she obtained a 2003 police report about an ex-girlfriend of Raymond Clark who claimed he had forced her to have sex when they were both students at Branford High School. As a condition of receiving the report, Chambers promised not to publish it until after an arrest had been made. But that didn’t mean there were not other uses to which the report could be put. Bailey typed the woman’s name into Facebook, discovered that she had an account, and friended her, letting her know she was a reporter covering the murder. After Clark’s arrest, Bailey and Chambers wrote a story without using the woman’s name. “I can’t believe this is true,” they quoted the woman as writing on her Facebook page. “I feel like im 16 all over again. Its jsut bringing back everything.”
The revelation that the Independent had the police report created a media stampede, Bailey said later. “People were calling us, begging us for this police report,” she told a researcher for Columbia University. “The New York Times came in and practically tried to arm-wrestle Paul.” The Independent withheld the fiancée’s name, a decision Bailey wrote that she had no misgivings about even though the woman later appeared on network television and identified herself.
By declining to name Raymond Clark until he had actually been charged with a crime, and by withholding the identities of the two women, Paul Bass had made a statement about what kind of news organization he wanted the Independent to be and what kind of journalism his community could expect from the site. Protecting the two women at a time when only the Independent knew who they were was the more straightforward of the two decisions. Any news executive who cares about journalistic ethics — or, for that matter, basic human decency — might have made the same call. But keeping Clark’s name off the site even after the New Haven police had put it in a press release, and even after the police chief had freely discussed it at a news conference — well, that was an extraordinary decision. Many journalists would argue that a news organization has an obligation to report the name of someone who might soon be charged with murder when the police have very publicly placed that name on the record. But Bass clearly has a different way of looking at such matters.
Weeks later, in a conversation at his office, Bass wondered if he had done the right thing while simultaneously defending his decision. “I still believe it’s a complicated question. I still believe we could definitely be wrong,” he said. Yet, as he continued, he didn’t sound like someone who thought he might be wrong, even as I suggested to him that his decision to withhold Clark’s name could be seen as something of an exercise in futility. “I’m in no way moving toward the idea that we should have run the name. I see no reason for putting the name out sooner. Nothing served,” he said. “I agree with you that it was futile. The name was out there. But we are still a news organization with standards.”
Those standards, I came to realize, are rooted not just in Bass’s view of journalism but in his sense of place, and even in his spiritual beliefs. The Independent is a news site, but it’s not just a news site. It is also a gathering place, a forum for civil discussion of local issues, and a spark for civic engagement. It is a mixture that reflects Bass’s interests: a multifaceted approach to community journalism — to community and journalism — that has been visible in his life and work from the time he began writing about New Haven.
DeRienzo, 38, had worked at various permutations of DFM for the past 11 years. In his early days, he once told me in an interview for my book “The Wired City,” his tasks included making sure the chain’s newspapers didn’t post too much content on their websites so that customers wouldn’t have less incentive to buy a paper. Toward the end, under DFM chief executive John Paton, DeRienzo was a leader in nudging his journalists away from print into the digital age. He writes:
I’ve come to know hundreds of people who have dedicated their lives to journalism, who work long hours for low pay, and put up with all kinds of crap (including plenty from me!) year after year. Cynical exteriors aside, at the heart of it, they care about strangers and are in journalism to improve people’s lives.
DeRienzo will be succeeded at DFM’s Connecticut publications by Mark Brackenbury, someone who — in my one brief encounter — impressed me as an editor who cares about journalism and communities.
As I wrote for The Huffington Post earlier this year, DFM seems to be on the verge of breaking up and disappearing; the company’s financial problems had a serious effect on DeRienzo’s ability to carry out his vision. Yet in Bass’ Independent story, Paton sounds as charged up as ever, saying the company will move forward once a buyer for the chain is found.
I hope Paton is right. And best wishes to Matt, one of the good guys in our field.
Not too many months ago, Paul Bass gave serious thought to shutting down the New Haven Independent, the online-only nonprofit news site he founded in 2005.
“A while back, I considered whether I still had the energy to keep going,” Bass said. “I was burnt.”
He decided to keep it alive. And now he’s getting ready to relaunch with two new full-time staff reporters — one who will start the day after Labor Day, the other who has yet to be hired.
For a small community news organization, the Independent has been remarkably stable. Last week, Bass threw a going-away party for managing editor Melissa Bailey, who will be a Nieman Fellow starting this fall, and staff writer Thomas MacMillan, who is moving to New York to seek his fame and fortune. Both began working at the site as it was ramping up, Bailey in 2006 and MacMillan the following year. (The fourth staff member, Allan Appel, recently cut back to a part-time position.)
“It’s really hard for me to imagine leaving New Haven for more than a few days, let alone a whole year,” Bailey told the crowd. MacMillan defined the privilege of being a journalist: “You ask questions and people just open up to you and give you these amazing stories.”
When I met with Bass afterwards, he talked about how difficult it would be to replace the two. “They’re community journalists. They love the work. They grew so much,” he said. “They both learned so many things, and they really ran the operation with me.”
Yet their departure will allow him to solve a longstanding problem: having an all-white staff cover a city where African-Americans and Latinos are in the majority. “The people I’m hiring will diversify the staff racially,” Bass told me. The Independent has used minority freelancers and interns, but all of its full-time staff journalists have been white.
Thus the Independent’s mix of political and neighborhood news, education reporting, and, increasingly, a focus on the arts fills a real need.
Despite the challenges of keeping a nonprofit going, Bass has had quite a bit of success with fundraising. Currently, he said, he has pledges through 2015 to cover the $420,000 budget for the Independent and a satellite two-person site in the northwest suburbs called the Valley Independent Sentinel. In recent years, he added, his fundraising base has shifted from about 75 percent foundation grants to about 25 percent. Most of the money comes from high-net-worth donors in the New Haven area. About $15,000 to $20,000 comes from small donors.
Late in 2013, Bass applied for a low-power FM license to operate a nonprofit community radio station in New Haven. He has yet to hear from the FCC, but he continues to hope it will come through. “I think we’d engage the readership in a new way,” he said.
For now, though, he’s planning to do something he’s never done before: ramp down the Independent for a few weeks. Posting will be minimal this week and next. And he’s going to stop posting completely during the last two weeks of August — a first since the Independent began publication in late August of 2005. Then comes the new Independent.
“I’m not going to have the same experience level I have now, so it’s going to be different,” Bass said. “I don’t think I can replace Thomas and Melissa.”
The redoubtable Ian Donnis of Rhode Island Public Radio reports that The Providence Journal may shed up to 40 jobs once an affiliate of GateHouse Media has completed its purchase of the paper. Donnis’ source is impeccable: the number is included in paperwork GateHouse filed with the Securities and Exchange Commission.
Donnis does not say how many employees the Journal now has, and I was unable to find that number in recent coverage of the sale. I’ll add it if someone passes it along. Also, I assume that all 40 cuts will not be in the newsroom.
Also, Philip Eil of The Providence Phoenix takes a look (link now added) at what the sale means for the venerable paper. (Founded in 1829, the Journal bills itself as the oldest continuously published daily paper in the United States.)
In other dispiriting news, Paul Bass of the New Haven Independent reports that another round of deep cuts is imminent at the New Haven Register. Once part of the Journal Register Co., perhaps the worst newspaper chain in the country, and in more recent years a beacon of hope under Digital First impresario John Paton, the entire chain — which includes Massachusetts titles such as The Sun of Lowell, the Sentinel & Enterprise of Fitchburg and The Berkshire Eagle — is now believed to be for sale.
The New York Times on Saturday published a feature story about an obscure but layered issue — a fence separating a public housing project in New Haven from the adjoining suburb of Hamden. After some 50 years, the fence is finally coming down.
It’s a story that caught my attention in late 2009, when Thomas MacMillan of the New Haven Independent first reported on efforts to remove the fence, also known as “the Berlin Wall.” It struck me as an example of the kind of nuanced journalism that characterized the Independent, an online-only nonprofit news site that I was tracking for my book “The Wired City.”
On the surface, you might think the issue was about white suburbanites who objected to black public housing residents gaining easy access to their town. But that would be too simple. Hamden has a significant African-American population. MacMillan interviewed two brothers who lived in Hamden and who opposed efforts by New Haven officials to remove the fence. MacMillan quoted Herbert Campbell as saying the fence prevented “all the riff-raff from coming around,” including drug dealers. Vincent Campbell added: “We had a lot of problems in the past. You never know who’s going to break into your house.”
This past May 4, Independent editor Paul Bass — who tells me he first wrote about the fence in 1999, while he was at the now-defunct alt-weekly New Haven Advocate — reported that the fence would be removed after it was discovered that it is actually on the New Haven side of the border. A federal civil-rights investigation helped speed matters along. Here is Bass’ follow-up on the actual tear-down. The daily New Haven Register covered the story as well, and published an editorial hailing the removal.
The New York Times story, by Benjamin Mueller, acknowledges the complexities of the saga, noting that both New Haven and Hamden now have black mayors, and that Hamden residents both black and white appear to be united in their opposition to the fence’s being demolished.
Photo by Thomas MacMillan, courtesy of the New Haven Independent.
Congratulations to Melissa Bailey, managing editor of the New Haven Independent, who’s been selected as a Nieman Fellow for 2014-’15. I accompanied Bailey on several reporting assignments in researching my book “The Wired City.” The photo above is a still from a June 2009 video interview I conducted with her, Independent founder and editor Paul Bass and New Haven Register managing editor Mark Brackenbury.
Here is the full announcement from Harvard’s Nieman Foundation. As always, it looks like a distinguished class of fellows.
The end may be near for one of the most widely watched experiments in local journalism.
Early today, Ken Doctor reported at the Nieman Journalism Lab that Digital First Media was pulling the plug on Project Thunderdome, an initiative to provide national and international content to the company’s 75 daily newspapers and other publications and websites. Soon, Doctor added, Digital First’s papers are likely to be sold.
Judging from the reaction on Twitter, the news came as a shock, with many offering their condolences and best wishes to the top-notch digital news innovators who are leaving — including Jim Brady, Robyn Tomlin and Steve Buttry. But for someone who has been watching the Digital First story play out in New Haven for the past five years, what happened today was more a disappointment than a surprise.
I first visited the New Haven Register, a regional daily, in 2009. I was interviewing people for what would become “The Wired City,” a book centered on the New Haven Independent, a nonprofit online-only news site that represents an alternative to the broken advertising-based model that has traditionally supported local journalism. The Register’s corporate chain owner, the Journal Register Co., was in bankruptcy. The paper itself seemed listless and without direction.
Two years later, everything had changed. Journal Register had emerged from bankruptcy and hired a colorful, hard-driving chief executive, John Paton, whose oft-stated philosophy for turning around the newspaper business — “digital first” — became the name of his blog and, eventually, of his expanded empire, formed by the union of Journal Register and MediaNews, the latter best known for its ownership of the Denver Post.
Just before Labor Day in 2011, Matt DeRienzo — then a 35-year-old rising star who had just been put in charge of all of Journal Register’s Connecticut publications, including the New Haven Register — sat down with me and outlined his plans. His predecessor had refused my requests for an interview; DeRienzo, by contrast, had tracked me down because he’d heard I was writing a book. It seemed that a new era of openness and progress had begun.
The openness was for real. The progress, though, proved elusive. For a while, John Paton was the most celebrated newspaper executive in the country, the subject of flattering profiles in the The New York Times, the Columbia Journalism Review and elsewhere. Media reporters were charmed by his blunt profanity, as when he described a presentation he gave to Journal Register managerial employees. “They were like, ‘Who’s the fat guy in the front telling us that we’re broken? Who the fuck is he?'” Paton told the CJR.
In 2012, though, Journal Register declared bankruptcy again — a necessary step, Paton said, as it was the only way he could get costs such as long-term building leases and pension obligations under control. After Journal Register emerged from bankruptcy in 2013, Paton’s moment in the national spotlight seemed to have passed, as media observers turned their attention to a new breed of media moguls like Amazon.com founder Jeff Bezos (who bought The Washington Post), Red Sox principal owner John Henry (who bought The Boston Globe), greeting-card executive Aaron Kushner (who acquired the Orange County Register) and eBay founder Pierre Omidyar (who launched a new venture called First Look Media).
Although Digital First’s deepening woes may have escaped national attention, there were signs in New Haven that not all was well. Some positive steps were taken. The print edition was redesigned. The Register website was the beneficiary of a chain-wide refurbishing. Nasty, racist online comments were brought under control, and the newsroom embraced social media. But larger improvements were harder to accomplish.
Among the goals Matt DeRienzo had talked about was moving the paper out of its headquarters, a hulking former shirt factory near Interstate 95, and opening a smaller office in the downtown. In 2012, the Register shut down its printing presses and outsourced the work to the Hartford Courant. The second part of that process never came, though. Just last week, the New Haven Independent reported that the Register had backed away from moving to a former downtown mall facing New Haven Green. Two months earlier, according to the Independent, the Register and Digital First’s other Connecticut publications laid off 10 people.
Neither development should be described as a death knell. The downtown move is reportedly still in the works. And the 10 layoffs were at least partly offset by the creation of six new digitally focused positions. But rather than boldly moving forward, the paper appears to be spinning its wheels. And now — or soon — it may be for sale.
One of the biggest problems Digital First faces is its corporate structure. Can for-profit local journalism truly be reinvented by a national chain whose majority owner — Alden Global Capital — is a hedge fund? People who invest in hedge funds are not generally known for their deep and abiding affection for the idea that quality journalism is essential to democratic self-goverance. Rather, they want their money back — and then some. Preferably as quickly as possible.
No matter how smart, hard-working and well-intentioned John Paton, Jim Brady, Matt DeRienzo et al. may be, the Digital First experiment was probably destined to end this way, as chain ownership generally does. I wish for a good outcome, especially in New Haven. Maybe some civic-minded business leaders will buy the paper and keep DeRienzo as editor. And maybe we’ll all come to understand that the best way to reinvent local journalism is at the local level, by people who are rooted in and care about their community.