A large group of prominent investment funds sought to wrest control of the Tribune Co. bankruptcy case Tuesday in a move that threatens to intensify an already pitched battle between senior and junior creditors. In a filing with the U.S. Bankruptcy Court in Delaware, the group asked Judge Kevin Carey to deny a request by Tribune Co. management to extend its exclusive right to file a reorganization...
Sam Zell is not going to be having the greatest Thanksgiving this year: not only has The New York Times enlisted some of his former Tribune Company employees to write the paper's new Chicago edition, but the newspaper publisher's request for an extension on its exclusive right to file a reorganization plan to lift the company from Chapter 11 is a being challenged by the company's creditors,...
NEW YORK (Reuters) - Debtholders of bankrupt Tribune Co have asked a judge to deny the media company's request for more time to present a plan of reorganization so the lenders themselves can offer a plan, according to court filings.
A large group of prominent investment funds sought to wrest control of the Tribune Co. bankruptcy case Tuesday in a move that threatens to intensify an already pitched battle between senior and junior creditors.
As the first anniversary of Tribune Co.'s filing for bankruptcy approaches, the case is only getting more complex. Senior creditors are telling Tribune management that it's time to give up the reins, while subordinated creditors claim the company's going-private deal was insolvent from the get-go.
Newspaper news: Tribune, Scripps Use Thanksgiving to Increase Prices . Tribune Co., E.W. Scripps Co. and a U.S. newspaper industry suffering record declines in advertising sales and circulation will raise prices on Thanksgiving as readers seek inserts touting holiday discounts. U.S. Thanksgiving falls on Nov. 26 this year. Newspapers from Washington to San Bernardino, California, will...
With newspapers struggling with declining sales and subscriptions, it seems that a few of the major newspaper chains have realized that when they have a newspaper with something of real value to a lot more people than usual, perhaps it makes sense to bump up the prices. Both Tribune Co. and E.W. Scripps are planning to raise the newsstand price of Thursday's paper , treating it like a standard...
With newspapers struggling with declining sales and subscriptions, it seems that a few of the major newspaper chains have realized that when they have a newspaper with something of real value to a lot more people than usual, perhaps it makes sense to bump up the prices. Both Tribune Co. and E.W. Scripps are planning to raise the newsstand price of Thursday's paper , treating it like a standard...
... and staffed by plenty of other ex-Post workers. Many U.S. newspapers from The Boston Globe to Tribune Co’s Baltimore Sun have closed bureaus around the country and around the world as they try to save money. Many experts say newspapers have a better chance of surviving if they stop trying to cover the world and report more local news. “We are not a national news organization...
FishbowlDC: Meet the new FishbowlDC editor , former gossip columnist at The Hill , Betsy Rothstein . Bloomberg: Some newspaper publishers, including Tribune Co. , E.W. Scripps Co. and MediaNews Group , plan to charge Sunday prices for their Thanksgiving papers. Variety: Disney Channel Latin America executive Carolina Lightcap has been named president of Disney Channels Worldwide, replacing...
... first big move since completed last month's $845 million acquisition of the team from parent Tribune Co."Revenue growth is critical to the future success of this club, and we're going to be looking at all different elements to do that while still preserving the purity that everyone's used to," Hayward said. "We need to be more creative, more innovative, to generate more revenue so we can...
More photos » by David Banks - AP Browse more photos » Thanks to BCB reader eths who posted this information in this FanShot late last night; I wanted to post additional information on the front page. Wally Hayward, according to Phil Rosenthal's Tribune article, founded the Relay Worldwide agency (WARNING: link plays video without permission) and was involved in the Chicago 2016...
... is a member of the family that controls Hyatt Hotels Corp. Zell is chairman and chief executive of Tribune Co., owner of Whirling dervishIt was late -- after 8 -- when Jacqueline Edelberg walked into the dark auditorium at the Nettelhorst Elementary School in East Lakeview. She trotted onto the stage, disappeared behind a wall and, in a second, flipped on the lights. Edelberg, co-author...
