Who is behind Tribune Publishing?
Shows documented founders, leaders, board members, funders and owners.
Not who made decisions, or why.
A connection is not evidence of wrongdoing.
On the record
Sourced links that no one presents as their own account, as recorded so far. Others may exist.
Owners
-
Alden Global Capital
acquired
May 2021
Scholarship & press
1
Shareholders approved the sale on 21 May 2021.
- Alden Global Capital owns a stake in 32%, as of May 2021 Scholarship & press 1
-
Patrick Soon-Shiong
owns a stake in
24%, as of May 2021
Scholarship & press
1
NPR: nearly 24 percent; he did not vote on the Alden bid.
Proof 1 source
-
'Vulture' Fund Alden Global, Known For Slashing Newsrooms, Buys Tribune Papers, NPR, 2021.
Scholarship & press
In a statement Friday, Freeman, Alden's president, said, "Local newspaper brands and operations are the engines that power trusted local news in communities across the United States.
The hedge fund already held a 32% stake in Tribune.
Los Angeles Times owner Patrick Soon-Shiong, who held nearly 24% of Tribune's shares, chose not to vote
How this answer is built
Lines on the record come first: sourced links that no one presents as their own account, each with its strongest source. Then every account recorded here gets its own column, A to Z, none ranked above another. A column quotes only that account's own words and shows the strength of its own sources. Disputed lines are listed apart, with the reason, and lines still being verified come last. Neither is counted. Withdrawn lines are never shown.
When a list is longer than the page shows, the links the public methodology ranks strongest stay (methodology 0.3), and the rest open in the explorer.
Know a source we are missing? Propose it with a pull request to content/entities/org/tr/tribune-publishing.md.