Follow BeltwayBlips on Twitter
Chicago Tribune Near Bankruptcy
JammieWearingFool —
I suspect this is just the tip of the iceberg . Can't be long until the newspapers are lining up for their bailout money. Tribune has hired bankruptcy advisers as the ailing newspaper company seeks to stave off a potential bankruptcy filing, people briefed on the matter said. The newspaper, which was taken private last year by billionaire investor Samuel Zell, has hired the investment bank Lazard and the law firm Sidley Austin, these people said. Tribune has been hobbled by debt related to that sale last year, which has been compounded by the growing drought of advertising for ...
MORE FINANCIAL PROBLEMS FOR BIG MEDIA: Tribune Hires Advisers to Help Stave Off Bankruptcy….
Instapundit —
MORE FINANCIAL PROBLEMS FOR BIG MEDIA: Tribune Hires Advisers to Help Stave Off Bankruptcy.
Links for 2008-12-07 [del.icio.us]
FullosseousFlap's Dental Blog —
Tribune Hires Advisers to Help Stave Off Bankruptcy
Tribune has hired bankruptcy advisers as the ailing newspaper company faces a potential bankruptcy filing, people briefed on the matter said.
The newspaper, which was taken private last year by billionaire investor Samuel Zell, has hired advisers including Lazard and Sidley Austin, one of its longtime law firms, these people said. Tribune has been hobbled by debt related to that sale last year, which has been compounded by the growing drought of advertising for newspapers.
It is only the latest — and biggest ...
Newspapers That Supported Obama: Going on Life Support, or DNR; Do Not Resusitate Orders?
The Moderate Voice —
... ) ( NYT on how new billionaire owner appears to have structured debt for tax breaks, and now cant pay up.) The Tribune Company, another conglomerate like Scripps (who owns The Rocky Mountain News in Denver… and put The Rocky up for ’somebody, anybody buy me puleeeze’ fire sale this week…not to mention that the Miami Herald is up for sale this week also)… owns Wrigley Field, for heaven’s sake, and The Chicago Cubs… The old guys from The Loop outward along Lake Michigan north, south and west, have an irreversible every-morning tradition: “How yous guys doin’ today? How ’bout dem ...
links for 2008-12-08
FullosseousFlap's Dental Blog —
... (tags: Iran)
Tribune Hires Advisers to Help Stave Off Bankruptcy
Tribune has hired bankruptcy advisers as the ailing newspaper company faces a potential bankruptcy filing, people briefed on the matter said.
The newspaper, which was ...
Your daily digest of newspaper extinction news
Doug Ross @ Journal —
... You've got it: only two legacy print media outlets appear in the top ten list of Internet news sites. That would be the fossilized New York Times (#7) and People Magazine (#10 and dropping). • Meanwhile the Tribune Company has reportedly hired bankruptcy advisers . Tribune owns, among others, The Chicago Tribune , The Los Angeles Times , and The Baltimore Sun . Some observers claim a bankruptcy filing for the company could come this week. • McClatchy, the third-largest newspaper chain, is ...
Journalists Out of Work? Resurrect Leftwing Federal Writers Project
NewsBusters.org - Exposing Liberal Media Bias —
... And don't forget that the Tribune Co. is about to go bankrupt and the failing Miami Herald is now up for ...
Licensed typist
The Corner on National Review Online —
... 15 minutes are slipping away. I have a question for Joe: Do you want me to fix your leaky toilet? I didn't think so. The clapped-out Warhol yawneroo in the very first sentence? What wordsmith's course did he learn that from? By the way, I'd certainly like him to fix my toilet, and would be willing to chip in the Greyhound fare up to New Hampshire. Given the amount of lead in his prose, Mr Egan would seem to be a natural pipe fitter. In related news: Chicago Trib seeking to avoid bankruptcy ; Miami Herald 's principal asset is ...
