Caption + DENVER — The Denver Post Editorial Board is asking its hedge fund owner to reconsider its business strategy or sell the newspaper to someone who will support the newsroom, citing concerns that continuing cuts represent the "beginning of the end" of the city's namesake newspaper.
The editorial ran on the front of Sunday's opinion section, a day before more than two dozen staffers will be laid off.
It charged the New York City hedge fund Alden Global Capital, which owns Digital First Media, with reducing the amount and quality of the Post's offerings while raising subscription rates in a growing city with educated residents "ready and able to afford great journalism should it be offered them."
A message left at a phone number for Alden Global on Sunday was not immediately returned.
Colorado demands the newspaper it deserves. #NewsMatters https://t.co/n0BHkRwuAU
— Rep Faith Winter (@FaithWinterCO) April 8, 2018
THANK YOU @DENVERPOST !!! No more cuts to great journalism. How can we voice our concerns to Alden Global??? #NewsMatters #DenverPost pic.twitter.com/G2ydrvAk08
— Zachary Hynek (@Zach_hynek) April 8, 2018
Tomorrow will be a sad day at The Denver Post...let's hope there is someone out there with a bright light, willing to save it before it's too late. #TheDenverPost #newsmatters #whowillstepup #AldenGlobalCapitalisapaperkiller #FreeSpeech #FirstAmendment #FourthEstate pic.twitter.com/GpVOcNlAtl
— Robin Nolet (@robinnolet) April 8, 2018
#newsmatters . I want my fifth graders to still have a newspaper to read. https://t.co/d7QyRlt8dy
— Eddie Saliman (@esaliman) April 8, 2018
Huge thanks for all those who have supported @denverpost and @denverp for our editorial. I am so humbled. #NewsMatters https://t.co/6T8zXQt33j
— Chuck Plunkett (@chuckplunkett) April 8, 2018
