Dan Gillmor on Nostr: The Washington Post noted a sad milestone this week:a media company is getting rid of ...
The Washington Post noted a sad milestone this week:a media company is getting rid of 3 Pulitzer-winner editorial cartoonists in the latest whacks at journalism jobs.
https://www.washingtonpost.com/comics/2023/07/12/mcclatchy-cartoonists-layoffs/
But when the Post names McClatchy as the company doing the firing, it's letting the real culprit -- the owner of McClatchy, a financial operator called Chatham Asset Management -- off the hook. Chatham is one of the hedge-fund / private equity outfits systematically looting what's left of local news.
https://www.washingtonpost.com/comics/2023/07/12/mcclatchy-cartoonists-layoffs/
But when the Post names McClatchy as the company doing the firing, it's letting the real culprit -- the owner of McClatchy, a financial operator called Chatham Asset Management -- off the hook. Chatham is one of the hedge-fund / private equity outfits systematically looting what's left of local news.