This potential earthquake in Michigan old media just came in from my Crain's alerts.

"The Detroit News could soon go up for sale with the other newspapers owned by New York City hedge fund Alden Global Capital LLC, according to an industry report published today by the Nieman Journalism Lab at Harvard University.

Also on the auction block could be the Oakland Press in Pontiac, Macomb Daily in Mt. Clemens, The Daily Tribune in Royal Oak and The Morning Sun in Mt. Pleasant, along with more than 80 nondaily publications owned by Alden.


The sale is being reported by Neiman as fallout from the to-be-announced scrapping of “Project Thunderdome” as part of a wider $100 million cost-cutting initiative by Alden-owned Digital First Media, which operates The News and other newspapers in Michigan and elsewhere."

Link to Crain's article, unfortunately behind pay wall for now but are usually freed up in a few days.