Mastodawn

J. Steven York RESISTS Sep 10, 2023

Is this what finally kills off already troubled traditional publishing? If you're traditionally published, it's probably taking your copyrights with it.

#publishing #books #kkr #privateequity #privateequitytakeover

https://www.theatlantic.com/ideas/archive/2023/09/private-equity-simon-and-schuster/675261/

Private Equity Comes for Book Publishing

A private-equity acquisition will saddle Simon & Schuster with $1 billion in debt. What could go wrong?

The Atlantic

Kari Jul 14, 2023

Crap! Much worse than originally reported: Denver-based MediaNews Group is owned by Alden Global Capital, and the parent co. of SCNG papers, among them the Orange County Register, Los Angeles Daily News and Riverside Press-Enterprise. #LocalNews #privateequitytakeover https://www.delmartimes.net/news/story/2023-07-13/local-newspapers-sold-to-alden-global-capital-as-part-of-purchase-of-san-diego-union-tribune

Local newspapers sold to Alden Global Capital as part of purchase of San Diego Union-Tribune

Alden is the parent company of MediaNews Group, which runs Southern California newspapers including the Orange County Register, Los Angeles Daily News and Riverside Press-Enterprise.

Del Mar Times