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Council hearing draws broad support for Daily News union, resolution condemning Alden Global Capital
Summary
Council member Carmen De La Rosa's Resolution 10-15, condemning Alden Global Capital's cuts at the Daily News and urging a fair contract with the newspaper's union, drew extensive public testimony from journalists, unions and labor leaders at the joint committee hearing.
Resolution 10-15, introduced by Council member Carmen De La Rosa, which condemns Alden Global Capital’s cuts and managerial hostility toward unionized New York Daily News staff and calls on the hedge fund to reach a contract deal with the newspaper’s union, drew substantial public testimony and endorsements at the joint hearing.
Susan DeCarava, president of the NewsGuild of New York, described Alden as a predatory owner that has “slashed staff, cut salaries, and froze funding for the newsroom” since…
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