Alden Global Capital is a private investment firm based in the United States, primarily focused on distressed assets and media companies. Founded in 2007 by Heath Freeman, the firm has gained attention for its aggressive acquisition strategies, particularly in the newspaper industry. The firm is known for owning a significant number of local newspapers through its subsidiary, Digital First Media. Alden's approach often involves cost-cutting measures, which has led to both criticism and support regarding its impact on journalism and local communities.