NY Times Co. seeks Globe bids (Dinosaur Media DeathWatch™)

Boston Glob ^ | June 10, 2009 | Keith O'Brien

[abb]

http://www.magazinedeathpool.com/
JazzTimes put into deep freeze cryogenics capsule

http://www.wordyard.com/
Chronicle of an industry death foretold

[skikvt]

I bid: ONE HUNDRED BILLION DOLLARS!!!

(zimbabwe dollars)

[abb]

Well, since I'm from Louisiana, here's my bid.

The reverse side of this note bears the French word dix, meaning ten. Non-French speakers called the notes "dixies." This is one possible explanation for the origin of the term Dixie, popularly applied to the southern United States.

[abb]

A more better bid.

[101voodoo]

I understand the process but the idea of a Chapter X1 is to hold off the creditors until an attempt at a reorganization can be attempted. Part of this process includes a renegotiation of existing employment contracts. If it falls apart and liquidation is necessary then of course you are correct in that assets go to the creditors.

[abb]

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003981960

Newspaper Guild President: ‘Mistakes Were Made’

[Mr. Lucky]

You’re right, it’s just that the pre-bankruptcy owner isn’t the post bankruptcy owner.

[abb]

http://hosted.ap.org/dynamic/stories/O/OR_REGISTER_GUARD_CUTS_OROL-?SITE=ORMED&SECTION=HOME&TEMPLATE=DEFAULT
Eugene paper lays off 21 in budget cuts

[catnipman]

"The Boston Globe buggy whip franchise - the brand of Boston Globe buggy whip journalism - is extremely valuable," Fiedler said. "Right now, it just has to find the business model to sustain it."

[Tex-Con-Man]

How ‘bout Ted Kennedy take “The Globe” for a ride in an Oldsmobile?

[Loyal Buckeye]

I think what Mr. Lucky is suggesting is that ownership of the bankrupt entity, which is different than ownership of its assets, would pass to the creditors.

It would be interesting to see the lineup of the creditors of a bankrupt Boston Globe. Employees, trade creditors, probably The New York Times Company, and others would be the new owner group. My guess is The Times would lose control and, accordingly, would no longer have any interest of having any continuing involvement with The Globe.

[abb]

[abb]

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a7IQm1.s8.f4
E.W. Scripps Considering Charging for Some Internet Content

http://www.google.com/hostednews/ap/article/ALeqM5gndiLOak1YIpJF4ZGr6vmjun-weAD98NSLSG2
USA Today to introduce digital edition, for a fee

[abb]

http://www.cnbc.com/id/31190759
Tribune Responds: Zell Still Chairman

[MrEdd]

Maybe there isn’t one born every minute after all.

[abb]

http://finance.yahoo.com/news/Globe-dispute-with-NY-Times-apf-15494194.html?.v=3
Globe dispute with NY Times riles Bostonians

http://www.boston.com/business/ticker/2009/06/sulzberger_resp.html
Sulzberger responds to concerned Globe reporters

http://www.poynter.org/column.asp?id=45&aid=165020
Globe staff invites Sulzberger to meet in Boston

http://www.bostonherald.com/news/columnists/view/2009_06_10_How_many_journalists_does_it_take_to_kill_the_Globe__A:_140/
How many journalists does it take to kill the Globe? A: 140

http://www.thewrap.com/article/strategy-expert-talks-newspaper-strategies_3564
A Strategy Expert on the Future of Newspapers

http://www.thewrap.com/article/5-ways-save-newspapers_3559
From Paywalls to Incentives for Writers, There’s Still Hope Left

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003982125
UPDATE: Sulzberger Responds to Appeal from ‘Boston Globe’ Reporters, Dialogue Develops

[andyandval]

Boston Newspaper Guild President Dan Totten could not be reached for comment Wednesday.

lol!

[abb]

http://www.poynter.org/column.asp?id=123&aid=165005
A Globe Sale in the Offing? Hope vs. Reason

[GOPJ]

thanks for the ping

[2111USMC]

Ownership of the stock passes to the creditors in a bankruptcy. (well, at least in pre-Chrysler bankruptcies)

Financial contract law is so passe'!