nytimes.com - 12/9/2008
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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 control of the Tribune chain and took on most of ...
tribune.com - 12/8/2008
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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
chicagotribune.com - 12/9/2008
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chicagotribune.com —
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 ...
(more)
TRIBUNE BANKRUPTCY: The Tribune Company has filed for ...
online.wsj.com - 12/10/2008
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online.wsj.com —
Nortel Networks Corp. has sought legal counsel to
explore bankruptcy-court protection from creditors in the event that...
its restructuring plan fails, according to people familiar with the situation. The move comes as the Toronto-based company grapples ...
(more)
Nortel Seeks Legal Advice on Exploring Bankruptcy
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Where Is the Expedia of Local News?
Bits —
Where is the Expedia or Amazon.com of local news? The bankruptcy filing of the Tribune Company is yet another sign that the economic foundation of the local newspaper is being eaten away by the Internet. But while home town travel agents and independent bookstores were challenged by new more efficient online rivals, the Chicago Tribune and the Los Angeles Times aren’t reeling because of vibrant new Web sites covering their areas better than they do. Indeed, the bad news for anyone who actually likes reading about where they live is that no one seems to be able to develop an ...
Where Is the Expedia of Local News?
Bits —
Where is the Expedia or Amazon.com of local news? The bankruptcy filing of the Tribune Company is yet another sign that the economic foundation of the local newspaper is being eaten away by the Internet. But while home town travel agents and independent bookstores were challenged by new more efficient online rivals, the Chicago Tribune and the Los Angeles Times aren’t reeling because of vibrant new Web sites covering their areas better than they do. Indeed, the bad news for anyone who actually likes reading about where they live is that no one seems to be able to develop an ...
Hyper-Local News Service Outside.In Grows
Bits —
As newspapers lose readers and advertisers, local news seems to be dying a long, slow death. The debate over what to do about it took on new urgency last week, when the Tribune Company filed for bankruptcy protection . Some Web entrepreneurs are starting companies to try to resuscitate local news. One of those start-ups, ...
More Cash For Outside.In
Silicon Alley Insider —
... As newspapers lose readers and advertisers, local news seems to be dying a long, slow death. The debate over what to do about it took on new urgency last week, when the Tribune Company filed for bankruptcy protection. ...
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ft.com 12/11/2008 — 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 ...
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BREAKING: Tribune Hires Bankruptcy Advisers; May File Ch. 11 This Week
paidcontent.org 12/7/2008 — Tribune, the Sam Zell-owned newspaper chain, has hired bankruptcy advisers in an attempt to stave off potential bankruptcy filing, reports NYT, citing sources . It is using investment bank Lazard and the law firm Sidley Austin, to try and restructure its crippling debt and assess its options, ...
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online.wsj.com 12/7/2008 — Tribune Co. is preparing for a possible filing for bankruptcy-court protection as soon as this week, according to people familiar with the matter, in a sign of worsening trouble for the newspaper industry. In recent days, as Chicago-based Tribune ...