TRIBUNE BANKRUPTCY: The Tribune Company has filed for bankruptcy -

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chicagotribune.com - 12/9/2008

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Facing what Chairman Sam Zell called a "perfect storm" of forces roiling the media industry and the broader economy, Chicago-based Tribune Co. filed for Chapter 11 bankruptcy protection from its creditors Monday. The move opens the most painful episode yet in a tumultuous period at the company ...

tribune.com - 12/8/2008

Tribune Company :: Press Release

— tribune.com — Tribune Company to Voluntarily Restructure Debt Under Chapter 11 Publishing, Interactive and Broadcasting Businesses to Continue Operations... Chicago Cubs and Wrigley Field Not Part of Chapter 11 Filing; Monetization Efforts to Continue CHICAGO, ... (more) Tribune Company :: Press Release

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ft.com - 12/11/2008

FT.com / UK - Tribune in bankruptcy filing

— ft.com — The crisis in US newspapers yesterday claimed its biggest victim when Tribune Company filed for bankruptcy protection,... a year after its $8.2bn leveraged buy-out by property tycoon Sam Zell. Mr Zell, a Chicago native whose history of reviving ... (more) FT.com / UK - Tribune in bankruptcy filing

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nytimes.com - 12/9/2008

Tribune Company Seeks Bankruptcy Protection

— nytimes.com — The Tribune Company , the newspaper and television chain that publishes The Los Angeles Times and The... Chicago Tribune, filed for bankruptcy protection on Monday. The move came less than a year after Samuel Zell , a Chicago real estate tycoon, took ... (more) Tribune Company Seeks Bankruptcy Protection

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Blog Reactions

TechCrunch: Pulitzer Prize Makes Nice With The Web As Print Media Stumbles

ReadWriteWeb: Would You Pay for a Web App That Delivers the News?

VentureBeat: Report: Small online news sites more proven than large ones

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Pulitzer Prize Makes Nice With The Web As Print Media Stumbles
TechCrunch — ... that online-only newspapers will now be eligible for the Prize. The announcement comes as many traditional media outlets are struggling - the Tribune Company filed for bankruptcy today and The New York Times is ...

Would You Pay for a Web App That Delivers the News?
ReadWriteWeb — ... As more and more newspapers crumble, there is concern that we will lose major sources of vital news and information. The threat of online news, which is both abundant and free, has turned this industry on its head, forcing companies to come up with new models for making money. But which of those models will end up working is anyone's guess at this point. ...

Report: Small online news sites more proven than large ones
VentureBeat — ... and even going bankrupt, Fine makes a case of the New York Times’ efforts to build an online presence by offering “rich media” features like video. She discusses how online revenues can achieve parity with the print counterpart by swapping from ad networks to direct sales revenue, syndicating articles from smaller sites, and offering original content like blogs to draw advertising dollars. Ultimately, the report concludes that large web-based news sites are unproven in scalability, sustainability, and in generating an attractive ...