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gawker.com - 3/31/2009

Sun-Times Media Group Goes Bankrupt

— gawker.com — At 75 cents a copy, all they have to do is sell about 811 million papers tomorrow... and they'll be able to pay off the IRS. Meanwhile, somewhere, Charles MacArthur and Ben Hecht weep. Kid Twist (more) Sun-Times Media Group Goes Bankrupt

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electronista.com - 3/27/2009

Charter files for Chapter 11 bankruptcy

— electronista.com — Charter today said it had filed for Chapter 11 bankruptcy. The anticipated move will see the cable... and Internet provider restructure itself under a plan that it had already established ahead of the actual filing to recover its operations. Under the... ... (more) Charter files for Chapter 11 bankruptcy

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blogs.barrons.com - 3/31/2009

Media Trauma: Sun-Times Files Ch. 11; Forbes Layoffs

— blogs.barrons.com — The troubles in the media industry continue to deepen; here’s two more examples. Sun-Times Media Group (SUTM.PK),... parent of the Chicago Sun-Times and various other newspapers, today filed for protection from creditors under Chapter 11 of the federal bankruptcy code. The company said ... (more) Media Trauma: Sun-Times Files Ch. 11; Forbes Layoffs

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Sun-Times Media Group Files For Bankruptcy Protection
paidContent — ... 30 was for 5 cents. Jeremy Halbreich, chairman and interim CEO cited the "deteriorating economic climate, coupled with a significant, pending IRS tax liability dating back to previous management," as the reason for the Chapter 11 filing. He said the company expects to exit the restructuring process sometime this year. In Feb. '08, The Sun Times had hoped to put itself up for sale or find a joint venture as it attempted a major turnaround. But none of that came to pass. Release Related ...

Sun-Times Media Group Declares Bankruptcy
The Inquisitr » Technology — ... filed for Chapter 11 bankruptcy protection Tuesday. The Sun-Times Group runs 59 newspapers across the country, including the Chicago Sun-Times. ...