The private equity company that won the bidding war for the bankrupt Herald is the most predatory of a rapacious lot.
Hildy Zenger
Hildy Zenger is the pen name of a writer who works for a newspaper owned by a private equity firm. As newspaper buffs will recognize, Hildy is for Hildy Johnson, star reporter for the fictitious Examiner in the Hecht-MaArthur classic, The Front Page. And if you took 11th grade American history, you know that John Peter Zenger was the printer who won the 1735 court case establishing freedom of the press.
Posted inHealth and Social Policy
Saving the Free Press From Private Equity
Navigating the digital transition is a huge challenge for newspapers. Absentee ownership by private equity predators makes it all but impossible.