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 ...
Maybe Mark Cuban can get the Cubbies in a bankruptcy sale now.
It seems like the One is preparing with all who blindly supported him to have the Country simply declare bankruptcy and then ask the taxpayers to give themselves several trillion.
That must be his plan and his blind supporters are starting the movement now.
George Soros will then buy us all cheap.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003920126
Reports: Layoffs at Toledo ‘Blade’
I never said I was a ‘conservative’. But I do love tit.
Merry Christmas.
Nice post!
not anymore!
A little bit of good news since the election. A few nuggets here and there but not many.
Mark Cuban has to clear his name first!
What’s a BG?
Big Gov’t.
Sam Zell owns The LA Times and the Chicago Tribune.
Does this mean that the Obama-Khalidi tape might see the light of day soon?
Thought it might help to see who’s affected.
http://www.chicagotribune.com/business/chi-081207tribune-possible-bankruptcy,0,2155085.story
“It’s an uncertain and difficult environment,” Tribune Co. spokesman Gary Weitman said Sunday night. “We haven’t made any decision. We’re looking at all of our options.”
I really believe the reason so many of the liberal rags are failing is becuz the majority of their target audience ..i.e. the welfare state... doesn’t read.
They mostly just watch TV
I’ve been praying for the destruction of the liberal American media for years ... but, the sheeple get their “facts” from that media. And it has been effective.
What really needs to happen now is an effective way to get the truth to the sheeple.
http://www.tribune.com/about/index.html
TRIBUNE is America’s largest employee-owned media company, operating businesses in publishing, interactive and broadcasting. In publishing, Tribune’s leading daily newspapers include the Los Angeles Times, Chicago Tribune, Baltimore Sun, Sun Sentinel (South Florida), Orlando Sentinel, Hartford Courant, Morning Call and Daily Press. The Company’s broadcasting group operates 23 television stations, WGN America on national cable, Chicago’s WGN-AM and the Chicago Cubs baseball team. Popular news and information websites complement Tribune’s print and broadcast properties and extend the Company’s nationwide audience. At Tribune we take what we do seriously and with a great deal of pride. We also value the creative spirit and are nurturing a corporate culture that doesn’t take itself too seriously.
Journalism At Its Best
Great journalism has always been Tribune Company’s foundation. Our success depends on it. Whether the story is across town or around the world, Tribune has the talent and the resources to cover it well.
Corporate Citizenship
Tribune and its employees are active contributors to the communities where we do business. Each year, Tribune and its employees contribute millions of dollars and thousands of volunteer hours to charitable activities. Our business units also help raise public awareness for important issues by using our broad media reach to deliver public service messages, television specials and newspaper series.
Buh-bye.
via twitter
The Chicago Tribune has notified its employees that several members of its newsroom staff will leave the paper by the end of the week.
Editor Gerould Kern’s memo to employees didn’t specify the number of layoffs or who was leaving. Kern said the news industry is in the middle of “historic structural change.”
http://mediamemo.allthingsd.com/20081207/sam-zells-tribune-co-headed-for-chapter-11/
Tribune Co. Headed For Chapter 11?
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