What does the hedge fund that really owns the Herald have in mind?

Monterey Weekly – It’s hard to know what Digital First Media’s end game is for the Monterey County Herald because the hedge fund-owned media behemoth is resolutely not talking about it.

On Friday, Herald staff were told via email that Editor Royal Calkins was out – was he pushed or did he jump? – and the paper was going to be run out of Santa Cruz by the editor at the Santa Cruz Sentinel.

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