The return of a struggling newspaper from an investment firm to a local owner would normally be cause for celebration in the troubled news industry
A local buyer taking over a struggling newspaper in the 21st century is normally cause for some celebration. But The Baltimore Sun’s newly announced owner has a very specific political background, and some are concerned about what the 187-year-old publication could become.
David D. Smith, executive chairman of the Sinclair broadcasting chain and an active contributor to conservative causes, has bought Baltimore Sun Media from the investment firm Alden Global Capital. The purchase price was not disclosed.
Smith met with Sun employees on Tuesday to talk about his plans, saying he hopes to make the newsroom more profitable. He was not made available for an interview with The Associated Press.
In a Sun story announcing the sale a day earlier, Smith said that he was in the news business because he believes “we have an absolute responsibility to serve the public interest.” He also criticized the city’s “mainstream media” while acknowledging that he began reading the paper regularly only a few months ago.
“Have no fear of me,” Smith told the Sun newsroom on Tuesday, according to someone who was there and relayed the statement on condition of anonymity because it was a private meeting. “What you should fear is the marketplace.”
Smith serves as executive chairman of the Maryland-based Sinclair Broadcasting Inc., which owns or operates 185 local television stations across the country and is known for infusing a right-wing sensibility into its news products. In 2018, the company ordered its anchors across the country to read a statement that largely echoed what former President Donald
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