In the face of falling revenue and evaporating advertising revenue, major news media companies including the Tribune Co. and the New York Daily News are seeking partnerships with other media to maintain global and...
created by Jarrett Martineau | 44 wks ago | updated 43 wks ago 284 views | 19 recommendations | 1 comment
The news about the news is pretty grim these days."The bankruptcy filing of the Tribune Company on Monday is just the latest, largest evidence that the American newspaper industry is suffering the hangover from an...
created by mtippett | 49 wks ago 51 views | 0 recommendations | 0 comments
U.S. Attorney Patrick Fitzgerald opened his news conference late this morning by describing Illinois Gov. Rod Blagojevich as having been “in the middle of a political corruption crime spree.”During the...
In the wake of Monday morning's announcement that the Tribune Co. is filing for Chapter 11 bankruptcy, the company revealed many of its financial details, including a long list of hefty 'golden parachute' payouts to former top execs of Times Mirror.And to think that this...
created by Jarrett Martineau | 49 wks ago | updated 49 wks ago 577 views | 2 recommendations | 1 comment
UPDATE | 11:02am — It's happened. The Tribune Company, facing pressure on its mounting debts, has filed for bankruptcy protection."Media conglomerate Tribune Co. has filed for bankruptcy protection, pressured by...