Posts Tagged ‘Denver Post’

Service of a Newspaper’s Reporter Hemorrhage

Monday, April 16th, 2018

Photo: keithedwards.com

I’ve nibbled around the edges of this topic—the impact of the loss of local news delivered by newspapers—and the obvious major reasons for it: decreasing readership and advertising as well as advertising dollars moving elsewhere. A segment of “CBS This Morning” on Saturday covered the daring move by the Denver Post’s editorial page editor, Chuck Plunkett.

“In the defiant and desperate editorial, Plunkett and a host of other writers criticized the paper’s hedge fund owners, Alden Global Capital, for slashing staff, and they warned Denver it may lose its century-and-a-half-old newspaper,” according to CBS’ Barry Peterson.

Barry Peterson. Photo: cbsnews.com

Said Plunkett: “We call out other people who we feel like [sic] aren’t doing their job or living up to their obligations. We should be able to call out our own owners, and that’s why I did it.” The impetus: another giant layoff at the paper, this time of 30 reporters. Photojournalist John Leyba was one: He’d worked at the paper for 30 years, since his first job in the photo lab at 19.

Aside: I’ve written here before that I’m alarmed by the few if any people to approach at major regional papers with news pitches. Syndicated stories are often the norm and the fact it’s harder for PR people to get out a client’s information is unimportant—we find ways. The resulting paucity of oversight of local businesses, government or organizations and the people who work for them is critical. Plunkett called it a paper’s watchdog role. Plus, it’s nice to know what’s going on where you live.

Photo: uft.org

Back to Peterson: “The striking editorial includes a photo filled with silhouettes of the journalists who were laid off or have left since the paper won a Pulitzer Prize in 2013. The various articles said the paper’s ranks have shriveled to around 60, placing blame squarely on what one writer called the ‘vulture capitalists’ at the hedge fund.”

Plunkett is looking to the Denver community and its civic leaders to “step in to save the flagship local newspaper.”

The CBS report continued: “Alden Global Capital is the primary equity holder in Digital First Media, which owns 97 newspapers. According to the NewsGuild union, some papers have lost more than 70 percent their workforce. A recent lawsuit alleges Alden mismanaged hundreds of millions of dollars from the news chain.”

The dynamic at this paper does not seem to match what’s happening at many others where the wolf is at the door. “Media experts nationally and locally have reported that Alden is making a profit of around 20 percent.”

Do you feel that newspapers are so “last year” that they serve little purpose in today’s world? What, if anything, has taken their place—is drive time radio making a comeback or are online news resources and websites filling the gap? Where do you get local news? Do you think communities will suffer without the fourth estate’s role as a watchdog?

 

Photo: pinterest.com

 

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