What do you call it when a hedge fund buys a local newspaper and squeezes it for revenue, laying off editors and reporters and selling off the paper’s downtown headquarters for conversion into luxury condos or a boutique hotel?
from Pocket https://www.nytimes.com/2020/07/26/books/review-ghosting-news-local-journalism-democracy-crisis-margaret-sullivan.html
via TV Aerials Leeds
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