Friedlich cited Santa Cruz, Chicago, and Denver as other examples, adding, “The lesson on Alden? Get mad AND get even. ICYMI: Ted Lasso, the Jon Gruden story, and ethics in sports mediaĪs Jim Friedlich-the CEO of the Lenfest Institute, a nonprofit that owns the Philadelphia Inquirer, who has advised Bainum and written for CJR about Alden- put it on Twitter after Coppins’s piece came out, the Banner would not be the first “meaningful civic news alternative” to rise up in a city with a struggling Alden title. Bainum replied, “with a muted grin,” that the paper has “some very good reporters.” Coppins asked, “half in jest,” if Bainum planned to raid the Sun’s newsroom. “To replace a paper like the Sun would require a large, talented staff that covers not just government, but sports and schools and restaurants and art.” To that end, Bainum is planning to launch the Banner with an annual operating budget of fifteen million dollars and fifty journalists on staff. Bainum has been impressed by the work of a wave of local-news startups across the country, “but his clearest takeaway is that they’re not nearly well funded enough,” Coppins wrote. The men who devised this model are Randall Smith and Heath Freeman, the co-founders of Alden Global Capital.”īesides a rare interview with the elusive Freeman-who delivered Coppins a jargon-laden monologue and declined to answer basic questions, like naming recent stories he’d appreciated by Alden titles, on the record-the newsiest nugget came at the end of the piece, where Coppins reported that Stewart Bainum, Jr., a Maryland hotel magnate who tried and failed to save the Baltimore Sun from Alden, has become “convinced that the Sun won’t be able to provide the kind of coverage the city needs” and is working to build “a new publication of record from the ground up.” It will be called the Baltimore Banner, and will launch next year as a digital-only, nonprofit newsroom. “The model is simple: Gut the staff, sell the real estate, jack up subscription prices, and wring as much cash as possible out of the enterprise until eventually enough readers cancel their subscriptions that the paper folds, or is reduced to a desiccated husk of its former self. Local newspapers have increasingly been “targeted by investors who have figured out how to get rich by strip-mining local-news outfits,” McKay Coppins, the author of the story, wrote. The Penguin website includes a variety of accompanying resources, including paper plane making instructions, Q&A with the director of the movie and an educational unit of work.Late last week, The Atlantic published a cover story about Alden Global Capital, a hedge fund that’s become notorious for implementing sharp cuts at its media properties. Paper Planes is suitable for children aged eight to twelve. Perhaps the ABC would make an Australian Story on the ‘real’ Dylan? This book is based on the motion picture screenplay by Robert Connolly and Steve Worland and the plot is inspired by Dylan Parker and James Norton, ‘The Paper Pilots’ although it is not their story, which is kind of a shame because Dylan Parker went through his own tribulations while preparing for a championship. And at the back of the book there are instructions on how to make a paper plane, which includes information on measuring angles and gravity. Dylan experiments, observes nature, asks questions, and records and illustrates his findings in an exercise book. The author encourages an interest in academic thinking there is quite a lot of maths and science in flying a piece of paper across the room. ![]() Paper Planes is funny and hopeful, but the issues it looks at are realistic and difficult: Dylan lives with a parent who is unable to cope with loss he begins to understand what makes a child a bully and he undertakes research and practises to achieve an aim. Paper Planes is the story of a 12 year old boy, Dylan Weber, who discovers he has a gift for making and flying paper planes and manages to achieve his dreams despite living in relative poverty in an Australian country town with his father who is suffering from depression.
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