How hedge funds took over America's struggling newspaper industry

As Covid-19 ran rampant across the United States in 2020, local newsrooms across the country cut back—even as they covered the biggest story in decades.

"As far as readers, we saw that skyrocket during the pandemic," Emma Way, editor at Axios Charlotte, told CNBC. "So at the same time that revenue was falling, readers were spiking. It was kind of this dilemma that I'm sure a lot of news organizations faced."It was a catastrophic and uncertain time for American newsrooms.the country. This includes newspapers that have served their communities for decades. Often, these papers are shut with little notice.

Hedge funds are cancer dressed in suits

Shut up, they’re the enemy of the people and always will be

What heroes..😑

Meteor red faced dipped down... after 1st one just Smokey Train seen. 2nd showed up. A mock. Otherwise terror.

And now almost all the major city papers sites/apps look like USA today website. Because they all seem to have same owner. It sucks imo. No online personality for many newspapers that, in print, had/have tons of unique characteristics that make them great.

The Moral army just hit a palestinian handicapped old man, threatened his family if they tried to help him. Not apartheid at all .

And dismantled them one by one.

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