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NEWS OF THE CHICAGO GUILD Local investment banker putting together bid for Sun-Times Media Group James Tyree, chairman of the Chicago-based investment bank Mesirow Financial Holdings, confirmed Monday he is assembling a group to bid on bankrupt Sun-Times Media Group.
Chicago Tribune admits 'breach' Chicago Tribune halts project that let readers view unpublished story outlines A short-lived research project in which the Chicago Tribune solicited responses from current and former subscribers to descriptions of Tribune stories before they had been published has been halted after reporters raised journalistic concerns.
IFJ condemns failure to find Politkovskaya's killers The International Federation of Journalists (IFJ) has backed furious Russian journalists in their response to the failure of the Russian judicial system to prosecute the killers of Anna Politkovskaya following the acquittal of all three defendants at her trial earlier today.
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NEWS OF SUN-TIMES MEDIA GROUP Strupp: My top 10 newspaper biz stories 2009 Another year of changes for the newspaper industry, not to mention E&P. We saw mobile sprint forward, print decrease, employees give back, and some familiar faces depart. Still, the news is being delivered and the newsrooms continue to hum, in most places, even at reduced volume. Sun-Times sale to Tyree group complete The sale of the parent company of the Chicago Sun-Times was completed Monday, as a local group of investors led by investment banker James Tyree became the newspaper's new owners. Sun-Times staffers welcome sale to 'a Chicago guy' Newsroom staffers at the Chicago Sun-Times welcomed today's announcement that the paper's sale to a local owner would be approved, although most regretted the givebacks needed to make it possible. |
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NEWS OF THE INDUSTRY
Newspaper workers attend 'somber' meeting on job future Hundreds of employees at Hawaii's two largest newspapers gathered for what was described as a "somber" meeting Sunday night. With their jobs up in the air, workers met with union leaders to get the latest on the newspaper shakeup that was announced a little more than a week ago.
Honolulu Unions rally employees Workers from six unions at the two-hour meeting heard their leaders exhort them to press hard for a contract by the time the deal is consummated, and to take a strong stand to preserve their jobs.
Gannett aiding competitor in sale of Honolulu Advertiser? Gannett Co. Inc. and Oahu Publications Inc. (OPI) have reached an agreement for OPI to acquire The Honolulu Advertiser and its related assets, including its Web site, non-daily publications, and Gannett's interest in Hawaii.com -- but a report this weekend by the Advertiser is suggesting the smaller party in the deal is getting some help to do so.
Pioneer Press overlords emerge from bankruptcy with nice payday In a blistering six weeks, Denver-based Affiliated Media -- the holding company for MediaNews Group, which owns the Pioneer Press -- has emerged from Chapter 11 bankruptcy.
Murdoch's grumpy agenda in N.Y. news war George H.W. Bush, who parachuted to safety when his Navy aircraft was shot down in World War II, marked his 75th, 80th and 85th birthdays by jumping out of planes for the fun of it.
Tribune Co. creditors sue banks over buyout A group of Tribune Co. creditors sued the banks behind the Chicago-based publisher's 2007 leveraged buyout, saying the $8 billion in loans they arranged for the deal doomed it to bankruptcy.
MediaNews Group holding company cleared to exit bankruptcy A U.S. Bankruptcy Court judge approved Affiliated Media Inc.'s prepackaged reorganization plan Thursday, clearing the way for the MediaNews Group holding company to emerge from Chapter 11 protection.
Why we have a hard time thinking of Yahoo as a news company Carol Bartz runs one of the top three news sites on the web...and doesn't, well, like the news. In a rambunctious interview with CNBC on Tuesday, Bartz celebrated Yahoo's 15th anniversary and found herself asked a lot of tough questions by CNBC's Lunch Break team.
MEDIANEWS BANKRUPTCY Affiliated Media responds to objection, says Chapter 11 delay would hurt business Any delay in confirming the bankruptcy plan of Affiliated Media Inc. -- parent of Denver Post publisher MediaNews Group Inc. -- will hurt the company's business, its chief financial officer warned in a court filing.
Tasini? Tasini! A blast from another century Justice, or at least the courts, does grind exceedingly slowly. Today, the Supreme Court gave its (final!) approval to the $18 million settlement between publishers and writers seeking compensation for the digital use of their work, which has been written for...print.
Murdoch confirms Wall Street Journal getting NYC edition News Corp. Chairman Rupert Murdoch confirmed the worst-kept secret in the newspaper industry Tuesday afternoon: The Wall Street Journal is launching a New York Edition next month.
Zippy the Pinhead axed -- along with 21 other Denver Post comics Nothing fires up newspaper readers like changes to the comics section. That's something former Rocky Mountain News editor John Temple acknowledged in "The Funnies Aren't Funny Anymore," our 2007 state-of-the-art critique. |
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