(Red) Star Tribune’s debt for sale as woes mount (Dinosaur Media DeathWatch™)

Finance and Commerce ^ | July 22, 2008 | Bob Geiger, Burl Gilyard and Mark Anderson

[abb]

More Wednesday good news.

[LonePalm]

IBTP!

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

[abb]

ping

[abb]

http://www.finance-commerce.com/article.cfm/2008/07/23/Star-Tribune-land-status-uncertain
Star Tribune land status uncertain

http://www.finance-commerce.com/article.cfm/2008/07/23/Tracking-the-changes-at-the-Star-Tribune
Tracking the changes at the Star Tribune

http://www.cjr.org/parting_thoughts/parting_thoughts_jim_spencer.php?page=all
Parting Thoughts: Jim Spencer
‘I still want journalism. Journalism just doesn’t seem to want me.’
By Jim Spencer Tue 22 Jul 2008 12:38 PM

[STONEWALLS]

why would any investor want to buy that debt package?...does the paper own significant real estate, TV stations, radio stations ect?....anything that could be cannibalized for cash?....if it’s just a newspaper then they’re screwed.

[MplsSteve]

WELCOME TO FREE REPUBLIC’S MINNESOTA PING LIST!

99 MEMBERS AND GROWING...!

FREEPMAIL ME IF YOU WANT ON OR OFF THIS LIST!

[GOPGuide]

Hey abb, check Google news - the NYTimes released their quarterly profits and it wasn’t good.

[abb]

http://www.npr.org/templates/story/story.php?storyId=92823587
‘Marketplace’ Report: Trouble In Journalism

http://www.npr.org/templates/story/story.php?storyId=92823594
Pulitzer-Prize Winning Reporter Quits Journalism

http://gannettblog.blogspot.com/2008/07/detroit-gets-only-115-volunteers-for.html
Detroit: Only 116 volunteers for 150 buyouts

http://www.medialifemagazine.com/artman2/publish/Sports_TV_52/NBC_s_big_struggle_Those_last_TV_ads.asp
NBC’s big struggle: Those last TV ads
Buyers say network will still have unsold inventory

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003830568
In Wake of Profits Plunge: NYT Co. Looks to Control Costs

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003830858
Journal Register Co. Expected To Default On Loan — As Shares Drop Below A Dime

http://www.broadcastingcable.com/article/CA6581088.html?desc=topstory
LEFT COAST BIAS: Don’t Kill Nightline

[abb]

Yes, LdSentinel had posted that earlier. The DeathWatch™ crew misses nothing...

http://www.freerepublic.com/focus/f-news/2049966/posts
Profit Plunge at the New York Times (DOWN 82%!)
FOX Business ^ | 7/23/08
Posted on Wednesday, July 23, 2008 10:16:25 AM by LdSentinal

[GOPGuide]

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003830568
In Wake of Profits Plunge: NYT Co. Looks to Control Costs

Thanks, the NYTimes is the dragon that must be slain. The Minneapolis Star Tribune is small fry. :0)

[Grampa Dave]

Hopefully, more liberal controlled and owned so called financial groups will waste more of their capitol in these terminally ill fishwraps.

That way, they will have less money to doate to Obama, the DNC and other rat politicians.

[abb]

In keeping with my ongoing study of the history of information distribution systems, I started this one last weekend.

http://www.amazon.com/Pillars-Post-Making-Empire-Washington/dp/0393013138
The Pillars of the Post: The Making of a News Empire in Washington (Hardcover)
by Howard Bray (Author)

[toast]

I wish a conservative alternative would start-up. The competition would be the last little shove they need off the cliff.
The Strib and the slightly less liberal Pioneer Press have had a stranglehold on thought in the Twin Cities for decades.

[BOBTHENAILER]

That way, they will have less money to doate to Obama, the DNC and other rat politicians.

I think you've hit upon the financial mirror to Rush's Operation Chaos. I love it.

[abb]

http://www.chicagotribune.com/business/chi-wed-unity-journalism-diversijul23,0,6285055.story

Some journalists gather in hope
In a time when many media organizations are slashing staffs and downsizing their publications, the Unity convention in Chicago gives minorities a chance to talk

By Susan Chandler

Chicago Tribune reporter

July 23, 2008

As 5,000 journalists of color arrive in Chicago for a quadrennial convention, the state of newsroom diversity is at the top of the agenda as usual. This year, however, the urgency is far greater.

The already thin ranks of minority journalists are being culled by layoffs and employee buyouts as news operations around the country shrink to accommodate a drop in advertising revenue. The fear is that minorities will bear a disproportionate share of the ongoing job losses because they are more heavily represented among the recently hired.

That would be a worrisome development to Karen Lincoln Michel, president of Unity, an alliance of professional groups representing black, Hispanic, Asian and Native American journalists.

snip

[KarlInOhio]

There are A rated bonds and B rated bonds. Are they any English letters low enough for newspaper bonds or does Moody's have to go to Greek and Russian letters to find something low enough?

[N. Theknow]

There are A rated bonds and B rated bonds. Are they any English letters low enough for newspaper bonds or does Moody's have to go to Greek and Russian letters to find something low enough?

Whale Turd Bonds?

[Chode]

is there a big market for debt now days???

[WorkingClassFilth]

I used to deliver the Star Tribune as a kid. For nearly all of my life they have been an abominable leftist rag. Still, the left-leaning zombies in Minnesota happily bought their tripe for the witty and urbane local scene news (or so they think) and it was cheaper than the NYT they like to be seen with in coffee shops on the weekends. In reality, the fishwrap wouldn't have lasted this long if a truly viable alternative had been present for many of their news-hungry conservative readers to buy. Now that the net has given us what we wish (unrestricted information), the margin between profit and loss has finally tipped permanently into the red zone along with their notably Bolshevik editorial page.

I will be very glad to see these arrogant leftist b@st@rds sent to their financial grave. Good riddance to bad trash.

[LonePalm]

It depends on how deep a discount you can buy it for.

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)