Date

Fri - 22.09.2017


Philadelphia Newspapers LLC

paidContent yesterday published this chart (left, click for larger view), which compares how long seven of the top U.S. publishers have spent in bankruptcy, as well as how their basic financial situations differ.

The publishers include MediaNews, Freedom Communications, Sun-Times, Journal Register, Philadelphia Newspapers, Star Tribune and Tribune.

Author

Leah McBride Mensching

Date

2010-10-19 17:40

Since the end of last year, five major U.S. newspapers have filed for bankruptcy protection, The Associated Press reported.

and the Spanish language free daily Hoy in Chicago, whose sister edition in Los Angeles has just become a weekly. Tribune Co. has an accumulate debt of US$13 billion and had $7.6 billion in assets when it filed chapter 11.


Star Tribune Holdings Corp. also filed for protection at the beginning of the year, partly due to the large amounts of debt accrued from the 2007 acquisition from McClatchy. The Holdings Corp. owns the Star Tribune of Minneapolis.

In February, the Journal Register Co. filed for protection. Journal Register owns several dailies in Connecticut, Pennsylvania, New Jersey, Michigan, and New York. The company counts $692 million in debt and has sold two of its Connecticut dailies and closed a number of weeklies.

Author

Leah McBride Mensching

Date

2009-04-01 11:42

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