"Baltimore Sun Returns to Local Ownership: Sinclair's David Smith Acquires Media"

TL;DR Summary
Local businessman David Smith has purchased The Baltimore Sun Media Group, including The Sun and its affiliated newspapers, from Alden Global Capital, marking the first time the institution has been under local ownership since 1986. Smith, the executive chairman of Sinclair Inc., plans to invest in the paper, increase coverage of local communities, and support investigative work. The purchase amount remains undisclosed, and Smith will be joined in the venture by conservative political commentator Armstrong Williams. The move has raised questions about the new owners' motivations and their potential impact on the newspaper's editorial independence.
Topics:business#baltimore-sun#business-media#david-smith#local-ownership#media-acquisition#sinclair-inc
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