Two days after the deal was finalized, Alden announced an aggressive round of buyouts. The new owners did not fly to Chicago to address the staff, nor did they bother with paeans to the vital civic role of journalism. In May, the Tribune was acquired by Alden Global Capital, a secretive hedge fund that has quickly, and with remarkable ease, become one of the largest newspaper operators in the country. But what’s happening in Chicago is different. This is the story we’ve been telling for decades about the dying local-news industry, and it’s not without truth. Craigslist killed the Classified section, Google and Facebook swallowed up the ad market, and a procession of hapless newspaper owners failed to adapt to the digital-media age, making obsolescence inevitable.

Spend some time around the shell-shocked journalists at the Tribune these days, and you’ll hear the same question over and over: How did it come to this? On the surface, the answer might seem obvious. Here was one of America’s most storied newspapers-a publication that had endorsed Abraham Lincoln and scooped the Treaty of Versailles, that had toppled political bosses and tangled with crooked mayors and collected dozens of Pulitzer Prizes-reduced to a newsroom the size of a Chipotle. The scene was somehow even grimmer than I’d imagined. After a long walk down a windowless hallway lined with cinder-block walls, I got in an elevator, which deposited me near a modest bank of desks near the printing press. To find the paper’s current headquarters one afternoon in late June, I took a cab across town to an industrial block west of the river. It has not, however, retained the Chicago Tribune. A century later, the Tribune Tower has retained its grandeur. The final product, completed in 1925, was an architectural spectacle unlike anything the city had seen before-“romance in stone and steel,” as one writer described it. Peter’s Basilica-and send them back to be embedded in the tower’s facade. Prior to the building’s completion, McCormick directed his foreign correspondents to collect “fragments” of various historical sites-a brick from the Great Wall of China, an emblem from St.

The best architects of the era were invited to submit designs lofty quotes about the Fourth Estate were selected to adorn the lobby. McCormick, the longtime owner of the Chicago Tribune, said he wanted to erect “the world’s most beautiful office building” for his beloved newspaper. When plans for the building were announced in 1922, Colonel Robert R. The Tribune Tower rises above the streets of downtown Chicago in a majestic snarl of Gothic spires and flying buttresses that were designed to exude power and prestige.

Getting your own back divinity 2