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Hedged : How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy

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Title: Hedged : How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy
Description: The untold history of an American catastrophe The ultrawealthy largely own and guide the newspaper system in the United States. Through entities like hedge funds and private equity firms, this investor class continues to dismantle the one institution meant to give voice to average citizens in a democracy. Margot Susca reveals the little-known history of how private investment took over the newspaper industry. Drawing on a political economy of media, Susca's analysis uses in-depth interviews and documentary evidence to examine issues surrounding ownership and power. Susca also traces the scorched-earth policies of layoffs, debt, cash-outs, and wholesale newspaper closings left behind by private investors and the effects of the devastation on the future of news and information. Throughout, Susca reveals an industry rocked less by external forces like lost ad revenue and more by ownership and management obsessed with profit and beholden to private fund interests that feel no responsibility toward journalism or the public it is meant to serve.
Authors: Margot Susca
Resource Type: eBook.
Subjects: American newspapers--History--21st century, Press and politics--United States--History--21st century, Newspaper publishing--United States--History--21st century, Private equity--United States
Categories: SOCIAL SCIENCE / General, BUSINESS & ECONOMICS / Investments & Securities / General, BUSINESS & ECONOMICS / Industries / Media & Communications, POLITICAL SCIENCE / Political Ideologies / Democracy, SOCIAL SCIENCE / Media Studies, POLITICAL SCIENCE / Political Process / Media & Internet
Database: eBook Collection (EBSCOhost)
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  – Type: ebook-pdf
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  Availability: 0
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PubType: eBook
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  Data: Hedged : How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy
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  Label: Description
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  Data: The untold history of an American catastrophe The ultrawealthy largely own and guide the newspaper system in the United States. Through entities like hedge funds and private equity firms, this investor class continues to dismantle the one institution meant to give voice to average citizens in a democracy. Margot Susca reveals the little-known history of how private investment took over the newspaper industry. Drawing on a political economy of media, Susca's analysis uses in-depth interviews and documentary evidence to examine issues surrounding ownership and power. Susca also traces the scorched-earth policies of layoffs, debt, cash-outs, and wholesale newspaper closings left behind by private investors and the effects of the devastation on the future of news and information. Throughout, Susca reveals an industry rocked less by external forces like lost ad revenue and more by ownership and management obsessed with profit and beholden to private fund interests that feel no responsibility toward journalism or the public it is meant to serve.
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  Data: <searchLink fieldCode="AR" term="%22Margot+Susca%22">Margot Susca</searchLink>
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  Data: <searchLink fieldCode="DE" term="%22American+newspapers--History--21st+century%22">American newspapers--History--21st century</searchLink><br /><searchLink fieldCode="DE" term="%22Press+and+politics--United+States--History--21st+century%22">Press and politics--United States--History--21st century</searchLink><br /><searchLink fieldCode="DE" term="%22Newspaper+publishing--United+States--History--21st+century%22">Newspaper publishing--United States--History--21st century</searchLink><br /><searchLink fieldCode="DE" term="%22Private+equity--United+States%22">Private equity--United States</searchLink>
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RecordInfo BibRecord:
  BibEntity:
    Classifications:
      – Code: 071.30905
        Scheme: ddc
        Type: prePub
    Languages:
      – Code: eng
        Text: English
    Subjects:
      – SubjectFull: American newspapers--History--21st century
        Type: general
      – SubjectFull: Press and politics--United States--History--21st century
        Type: general
      – SubjectFull: Newspaper publishing--United States--History--21st century
        Type: general
      – SubjectFull: Private equity--United States
        Type: general
    Titles:
      – TitleFull: Hedged : How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy
        Type: main
  BibRelationships:
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      – PersonEntity:
          Name:
            NameFull: Margot Susca
      – PersonEntity:
          Name:
            NameFull: Margot Susca
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      – BibEntity:
          Dates:
            – D: 01
              M: 01
              Type: published
              Y: 2024
            – D: 11
              M: 12
              Type: profile
              Y: 2023
          Identifiers:
            – Type: isbn-print
              Value: 9780252045462
            – Type: isbn-print
              Value: 9780252087561
            – Type: isbn-electronic
              Value: 9780252055089
          Titles:
            – TitleFull: Hedged : How Private Investment Funds Helped Destroy American Newspapers and Undermine Democracy
              Type: main
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