Monday, December 8, 2008

Troubles at the Tribune

Telling the daily dose of whoppers can't be helping.

"Tribune may be on verge of crisis" by Richard Perez-Pena and Michael J. de la Merced, The New York Times | December 8, 2008

The Tribune Co., the newspaper chain that owns the Chicago Tribune and the Los Angeles Times, is trying to negotiate new terms with its creditors and has hired advisers for a possible bankruptcy filing, according to people briefed on the matter....

Like most newspapers, Tribune's have suffered double-digit percentage declines in advertising this year, as ads and readers continue to shift to the Internet....

Hi!


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Btw , I didn't buy a paper today.

:-)