Oh no - bad news for a newspaper - Miami Herald faces possible takeover by hedge fund

[Leghorn21]

The Miami Herald faces possible takeover by hedge fund with history or gutting newsrooms.

Link to tweet

gut punch

[jimfields33]

1. Newspapers need to innovate somehow

It’s hard to justify buying a paper with news everyone knows. The last paper I bought was a USA Today for two dollars at an airport and it was thin and the news was known for hours or more. Maybe get with grocery stores and get coupons back that might get some interest.

[blm]

2. Wasn't it the Herald that pursued and exposed the Epstein story?

[Leghorn21]

4. Absolutely, b, and in fact it's the gal who tweeted this, Julie K Brown, who has

relentlessly pursued this Epstein sht for years and years

If we lose her and this paper, we’re gonna feel it

[blm]

5. So that's how they'll shut down follow through

Like Cheney’s buddies quietly bought into KnightRidder then demanded they break up the company, then eventually sold remains to McClatchy.

[sop]

3. The Miami Herald aggressively investigates corruption in South Florida; there's so much of

it down here, it really keeps them busy. The stuff that goes on here is unbelievable. If the Herald is neutered by some hedge fund buyer, Miami-Dade will become an even safer haven for every schemer, scammer and con artist in the world.