The San Diego Union-Tribune dates back to 1868. It was bought by Tribune Publishing in 2015 and sold along with the L.A. Times to Soon-Shiong in 2018.
MediaNews Group, which owns more than 100 newspapers across the country, has been criticized in journalism circles for cost-cutting methods that have included staff reductions in its papers' newsrooms.
A memo sent to Union-Tribune employees Monday stated, in part,"No different than the changes announced at the Los Angeles Times last month, the U-T will also need to make some difficult staffing decisions as we assume management. Reductions will be necessary to offset the slowdown in revenues as economic headwinds continue to impact the media industry.
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The San Diego Union-Tribune sold to hedge fund Alden CapitalAlden Global Capital is the parent company of Media News Group, which runs the Southern California News Group papers, among them the Orange County Register, Los Angeles Daily News, Riverside Press-Enterprise.
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L.A. Times owner sells San Diego Union-Tribune to hedge fund Alden Global CapitalThe owner of the Los Angeles Times has sold sister paper The San Diego Union-Tribune to MediaNews Group, which owns hundreds of papers around the country,...
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LA billionaire sells San Diego Union-Tribune to owner of Southern California News GroupA memo to the Union-Tribune staff said cost reductions will be necessary at the newspaper. Buyouts will be offered to employees, including in the newsroom.
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Soon-Shiong family sells San Diego Union-TribunePatrick Soon-Shiong and his family have sold the San Diego Union-Tribune to competing publisher MediaNews Group, which is owned by controversial New York hedge fund Alden Global Capital, slimming down the family’s holdings to just the Los Angeles Times.
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San Diego Union-Tribune Sold by L.A. Times to MediaNews GroupThe San Diego Union-Tribune has been acquired by an affiliate of Alden Global Capital’s MediaNews Group in a sale by the Los Angeles Times. Chris Argentieri, president and chief operating off…
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The San Diego Union-Tribune sold to Alden Global CapitalAlden Global Capital is the parent company of MediaNews Group, which runs the Southern California News Group papers, among them the Orange County Register, Los Angeles Daily News, Riverside Press-Enterprise.
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