- "We call for action," the editorial declared. "Consider this editorial and this Sunday's Perspective offerings a plea to Alden [Global Capital] — owner of Digital First Media, one of the largest newspaper chains in the country — to rethink its business strategy across all its newspaper holdings. Consider this also a signal to our community and civic leaders that they ought to demand better. Denver deserves a newspaper owner who supports its newsroom. If Alden isn't willing to do good journalism here, it should sell The Post to owners who will."
. . .
The newspaper's owners have "embarked on a cynical strategy of constantly reducing the amount and quality of its offerings, while steadily increasing its subscription rates," the editorial continued. "In doing so, the hedge fund managers — often tellingly referred to as 'vulture capitalists' — have hidden behind a narrative that adequately staffed newsrooms and newspapers can no longer survive in the digital marketplace. Try to square that with a recent lawsuit filed by one of Digital First Media's minority shareholders that claims Alden has pumped hundreds of millions of dollars of its newspaper profits into shaky investments completely unrelated to the business of gathering news."