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The Role of Private Equity in the Decline of Journalism
Exploring how private equity funds, rather than technology, have detrimentally affected American newspapers, this chapter discusses the destructive decisions and financial maneuvers that have eroded journalistic integrity and stability in the industry. It delves into the massive assets managed by these funds, their profit-driven strategies, and the adverse impact on newspapers' viability, emphasizing the urgent need to address the crisis facing journalism.