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Carpenter Media’s Ominous Takeover of Local News
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Carpenter Media’s Ominous Takeover of Local News
Over the past two decades, we’ve seen private equity firms remake decimate the local news landscape through holding companies like GateHouse Media and Gannett (now one and the same, and as of last November officially known as USA Today Co.). But the private-equity playbook isn’t the only way to gut a newspaper. For CJR, Lois Parshley looks at Carpenter Media, which has gobbled up more than 250 papers in North America—and systematically starved m…
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