Wall Street made me do it: A preliminary analysis of the major institutional investors in US newspaper companies

This article identifies the 30 largest institutional shareholders in the U.S. newspaper industry, describes their investment style, and analyzes trading activity to gauge the extent to which they are driven by short-term considerations. Many of these investors say they have a "value" focus, which usually implies a long-term approach. To preserve their public service role, newspapers may want to attract a more stable investor base but should still be prepared for a clash of interests.