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BERKELEY'S NEWS • OCTOBER 01, 2023

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Alden Global Capital

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On March 8, a group of reporters from the Bay Area News Group, or BANG, held a press conference in which the reporters denounced the business practices of BANG's corporate management, a hedge fund called Alden Global Capital.
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On March 8, a group of reporters from the Bay Area News Group, or BANG, held a press conference in which the reporters denounced the business practices of BANG's corporate management, a hedge fund called Alden Global Capital.
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Nearly 30 reporters and staff at the East Bay Times and the Mercury News accepted buyouts from parent company Bay Area News Group, or BANG, last week, with more layoffs expected.
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Nearly 30 reporters and staff at the East Bay Times and the Mercury News accepted buyouts from parent company Bay Area News Group, or BANG, last week, with more layoffs expected.
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When faceless hedge funds take over local newspapers and impose drastic staffing cuts, employed reporters aren’t the only ones who suffer — the community does too. Without more active financial support for local publications, residents will be forced to see the quality of their news coverage decrease significantly.
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When faceless hedge funds take over local newspapers and impose drastic staffing cuts, employed reporters aren’t the only ones who suffer — the community does too. Without more active financial support for local publications, residents will be forced to see the quality of their news coverage decrease significantly.
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The Bay Area News Group, or BANG, which includes The Mercury News and East Bay Times, announced Friday that it will be hit with “significant” staff layoffs in the coming months.
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The Bay Area News Group, or BANG, which includes The Mercury News and East Bay Times, announced Friday that it will be hit with “significant” staff layoffs in the coming months.
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