Location and timing is everything for local journalism as it is for real estate. The San Mateo Times adhered to that principle for decades. And it proved quite profitable.
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Press Democrat purchase by locals is a lesson for Digital First Media
When a group of local investors bought the Santa Rosa Press Democrat, the unionized news staff invested, too.
Read MoreGuild news staffs launch effort to resuscitate journalism
The Guild has launched an effort to find or build community-based enterprises to free news organizations from the grip of the Digital First Media hedge fund.
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Wanted: Local buyers for hedge fund-owned papers
An ad posted by the San Francisco-based Guild local reads: “Employees of your community’s newspaper want a new attitude respecting quality jobs & quality journalism on the part of ownership.”
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