Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tribune Prepares for Bankruptcy Filing
Wall Street Journal Online ^ | 7 December 2008 | N/A

Posted on 12/07/2008 3:23:33 PM PST by Erik Latranyi

Tribune Co. is preparing for a possible bankruptcy-protection filing as soon as this week, according to people familiar with the matter, opening a new front of trouble for the newspaper industry.

As Tribune continues discussions with its lenders to rework its debt load, the newspaper-and-television concern in recent days ...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: bailout; chicago; dinosaurdeathwatch; latwp; liberalmedia; msmdeathwatch; newpaperbailout; obama; samzell; tarp; tribune; zell
Navigation: use the links below to view more comments.
first previous 1-20 ... 61-8081-100101-120121-138 last
To: abb
And I also see the AP and Reuters folding.

Well, clearly, *THAT* would be the seminal event in online news.

The current transition period would then be bracketed by Drudge/Lewinsky on one end and the collapse of AP/Reuters on the other.

But I don't see it happening!

Honestly, I would be less surprised to see a new Department of News and Speech in the Obama Administration before the AP/Reuters cabal disappears.

121 posted on 12/08/2008 7:16:16 AM PST by sam_paine (X .................................)
[ Post Reply | Private Reply | To 114 | View Replies]

To: Erik Latranyi

Yippee!!!!!!!!!!

The LA Slimes is nothing more than a BHO propaganda organ.

These once great daily newspapers brought this on themselves. If any industry deserves to die it is this one.

They don’t even prentend to be non-biased anymore.


122 posted on 12/08/2008 7:17:50 AM PST by Welcome2thejungle
[ Post Reply | Private Reply | To 1 | View Replies]

To: Erik Latranyi
what, no bailout?

No honor among thieves, I guess.

123 posted on 12/08/2008 7:49:50 AM PST by the invisib1e hand (making full use of an unfair advantage in the marketplace of ideas)
[ Post Reply | Private Reply | To 1 | View Replies]

To: conservatism_IS_compassion

*PING*


124 posted on 12/08/2008 8:26:01 AM PST by T Lady (The MSM: Pravda West)
[ Post Reply | Private Reply | To 109 | View Replies]

To: BillyBoy

40 years? Ummm now I know you’re high
Trib endorsed GW in 2004 and in 2000 (forgot about that huh?)
Check out their endorsements prior to 2006. As for endorsing Dems if you lived up here in the area you’d know that many of these races were UNCONTESTED by Republicans. So please do your homework before you come back with your thin layer of ice.


125 posted on 12/08/2008 8:41:59 AM PST by GerardKempf (Let's Get Over This)
[ Post Reply | Private Reply | To 106 | View Replies]

To: All; abb

It is official...they filed Chapter 11 on Monday


126 posted on 12/08/2008 10:51:15 AM PST by BurbankKarl
[ Post Reply | Private Reply | To 125 | View Replies]

To: Erik Latranyi
From another article:

Media industry players were also listed among the creditors. Warner Bros. Television is owed $23.7 million, Twentieth Television Inc. $8.1 million, Buena Vista Entertainment Inc. $6.2 million and NBC Universal Domestic Television $4.9 million.

Looks like the whole media brothel is sinking into the financial quagmire they promoted so eagerly.

127 posted on 12/08/2008 11:37:13 AM PST by oldbrowser (bipartisanship means capitulation)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Uncledave
Nope, not at all.

I was thinking that in bankruptcy, the government takes what ever wealth or or property that exists, and decides how it will be distributed, picking the winners and the looses.

128 posted on 12/08/2008 12:24:03 PM PST by Mark was here (The earth is bipolar.)
[ Post Reply | Private Reply | To 111 | View Replies]

To: Mark was here

It’s not that arbitrary in how the property is divided. There is a pecking order established in bankruptcy law. The government doesn’t “take” the property, unless it has a claim (tax lien, etc).


129 posted on 12/08/2008 12:44:19 PM PST by Uncledave
[ Post Reply | Private Reply | To 128 | View Replies]

To: conservatism_IS_compassion; All

Thanks for the ping/post. Great thread. BTTT!


130 posted on 12/08/2008 5:12:11 PM PST by PGalt
[ Post Reply | Private Reply | To 109 | View Replies]

Comment #131 Removed by Moderator

To: teletech; Erik Latranyi
I can remember when the Chicago Tribune was a conservative paper.

That was over 30 years ago if I remember correctly.

132 posted on 12/08/2008 11:14:30 PM PST by Doofer
[ Post Reply | Private Reply | To 8 | View Replies]

To: All

One can only pray that the MSM learns a lesson, and that is, report the news and not be a cheerleader for the flavor of the month.

I can only hope that SFGate goes under and Mark Morford goes without a job and ends up homeless and loses what is left of his mind.


133 posted on 12/08/2008 11:17:28 PM PST by Rodney Dangerfield (I didn't vote for "The Fresh Prince of Bill Ayers")
[ Post Reply | Private Reply | To 50 | View Replies]

To: Doofer
That was over 30 years ago if I remember correctly.

Yes, it was that long ago. I delivered that paper as a kid.

134 posted on 12/09/2008 12:16:06 AM PST by teletech (Friends don't let friends vote DemocRAT)
[ Post Reply | Private Reply | To 132 | View Replies]

To: Grampa Dave

I saw the mayor or Gov on the news saying something about how (para ph.) they gave everything to ‘this administration’ and this is what we get?


135 posted on 12/09/2008 5:00:33 AM PST by RDTF (BO smells and eventually people do what's necessary to avoid it)
[ Post Reply | Private Reply | To 117 | View Replies]

To: RDTF; Liz; abb; Milhous

“I saw the mayor or Gov on the news saying something about how (para ph.) they gave everything to ‘this administration’ and this is what we get?”

For a couple of years, I have noted that when the massive layoffs hit the peons and middle management at the MSM sources, some of them will start unspiking the real news they have bottled up on the Clintoons and now the Zer0!


136 posted on 12/09/2008 5:17:30 AM PST by Grampa Dave (Felipe de Jesus CALDERON Hinojosa & Schwarzenegger for US el presidente 2112!)
[ Post Reply | Private Reply | To 135 | View Replies]

To: teletech
Yes, it was that long ago. I delivered that paper as a kid.

I can remember getting up at 3 in the mourning to deliver the Tribune and the SunTimes over 30 years ago in the dead of winter.

I hated that job even though I was like 13 years old...

137 posted on 12/09/2008 6:25:24 AM PST by Doofer
[ Post Reply | Private Reply | To 134 | View Replies]

To: Grampa Dave

http://www.chicagotribune.com/news/local/chi-rod-blagojevich-1209,0,7997804.story

Blagojevich’s Senate selection process investigated
Federal probe widens to Obama’s vacant seat
By Jeff Coen, David Kidwell and Monique Garcia | Tribune staff reporters
8:20 AM CST, December 9, 2008

UPDATE: Source: Feds take Gov. Blagojevich into custody


138 posted on 12/09/2008 6:29:02 AM PST by RDTF (BO smells and eventually people do what's necessary to avoid it)
[ Post Reply | Private Reply | To 136 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-20 ... 61-8081-100101-120121-138 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson