Community leaders in Colorado Springs want to join the effort to rescue The Denver Post from the grips of hedge fund Alden [Global Capital], which owns Digital First Media, which has continually gutted the state's largest newspaper's newsroom. The most recent layoff slashed 30 people from the newsroom. In the Post's heyday, it had 250 journalists in its newsroom; now it has fewer than 75. In a news release, Together for Colorado Springs, a civic and activist organization, announced that local leaders have pledged at least $10 million to purchase the newspaper. T4CS is "rallying residents from across Colorado to join with us to purchase the Denver Post," says T4CS chair John Weiss, who is the owner of the...
READ MORE >
The Denver Post must be owned by Coloradans, local leaders say