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Google, Meta could be forced to pay for online news under legislation aimed at helping Daily News and other local publishers

The struggling newspaper industry is backing proposed legislation that would force Big Tech to pay local publishers to aggregate their news stories online.

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Legislation could force Google, Facebook to pay for online news

The struggling newspaper industry is backing proposed legislation that would force Big Tech to pay local publishers to aggregate their news stories online.

New yorkUnited statesColumbia universityDanielle coffeyDick durbinJerrold nadlerMax willensKen buckLark marie antonDavid cicillineJohn kennedyAmy klobucharMeta facebookColumbia university graduate school of journalismDaily press in newport newsNewspaper association of america

New Sun Sentinel owner offers buyouts to newsroom employees - South Florida Sun-Sentinel

Two days after hedge fund Alden Global Capital completed its acquisition of Tribune Publishing, the new owners of the Sun Sentinel, Orlando Sentinel, Chicago Tribune and other major metro newspapers are offering newsroom employees a buyout.

New yorkUnited statesTerry jimenezJon schleussHeath freemanDaily press in newport newsChicago tribuneMedianews groupPew researchPaul minnesota pioneerBaltimore sunNew york daily newsAlden global capitalSouth florida sun sentinelTribune publishingSun sentinel

Alden closes $633 million purchase of Tribune Publishing; puts newspaper chain in debt and hedge fund president in charge

Alden closes $633 million purchase of Tribune Publishing; puts newspaper chain in debt and hedge fund president in charge Robert Channick, Chicago Tribune © Erin Hooley/Erin Hooley A delivery truck is parked at the Freedom Center, the Chicago Tribune s printing and distribution center on March 30, 2021. It didn’t take long for Alden Global Capital to put its imprint and significant debt on Tribune Publishing, after closing its $633 million acquisition of the Chicago-based newspaper chain Monday. Popular Searches Neither Alden nor Tribune Publishing responded to requests for comment. There was no public announcement, but regulatory filings indicated Alden completed its purchase of Tribune Publishing late Monday, taking the Chicago-based newspaper chain private and adding the Chicago Tribune and other major dailies to the hedge fund’s growing portfolio.

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Tribune Publishing offering buyouts to newsroom employees, two days after purchase by hedge fund Alden

Two days after hedge fund Alden Global Capital completed its $633 million acquisition of Tribune Publishing, the new owners of the Chicago-based newspaper chain are offering newsroom employees a buyout. The voluntary separation plan was sent Wednesday to nonunion newsroom employees at the Chicago Tribune and other Tribune Publishing newspapers. The offer includes 12 weeks of pay for eligible .

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