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McClatchy files for bankruptcy, likely ending 163 years of family control and setting up more consolidation in local news
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McClatchy files for bankruptcy, likely ending 163 years of family control and setting up more consolidation in local news

Nieman Lab - Joshua Benton

The hedge fund that will likely soon control America’s second-largest newspaper chain, Chatham Asset Management, is also majority owner of the National Enquirer and Canada’s largest newspaper chain. It is advancing its “fundamental thesis on late-stage media consolidation in North America.” It’s …

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