Tuesday, December 9, 2008

The Turbulent Trials of the Times and Tribune

I'm only trying to help (hint, hint, hint):

"
The media which has printed these lies and presented the horrors of the day according to the angle desired by those who operate it have become their own worst enemy. They are daily providing the evidence that they lie. Truth tellers on the internet are turning over every rock they tried to bury the truth beneath."

Of course, if they ever told the truth now, the people would not only be appalled at when has been done and the lies that were told doing it; they would understand the MSM's role in FACILITATING ABSOLUTE, AGENDA-PUSHING PROPAGANDA and OUTRIGHT RACIST RUBBISH!!!!

And seeing as they won't change, they deserve what they get
:

"Tribune Co. files for bankruptcy; Ad falloff, debt of $13b force publisher's move" by Associated Press | December 9, 2008

NEW YORK - Media conglomerate Tribune Co., smothered by $13 billion in debt and a drop-off in advertising, yesterday became the first major newspaper publisher to seek bankruptcy protection since the Internet sent the industry into a tailspin....

:-) The day the Zionist AmeriKan MSM no longer exists and I can just post blog work will be a great day for this country!

While Tribune had planned on meeting its obligations with lenders by reaping income from its various properties, the recession has led consumers and advertisers to severely cut spending this year, exacerbating pressures the industry already was facing because of the migration of readers to the Internet....

:-)

"So, how did we get here?," Zell wrote in a memo to employees....

I'll TELL YOU HOW: by AGENDA-PUSHING LYING, that's how!

Brent Jones, a Sun of Baltimore reporter and a vice chair with the Baltimore-Washington Newspaper Guild, said the bankruptcy filing unnerved the newsroom and prompted questions about whether Tribune might cut more jobs or sell the paper.

So how is FEELING like the REST of US going down, Mr. reporter? Maybe now you guys will start TELLING the TRUTH?


--more--"

Nope, they will sell off assets instead!


"Times Co. may borrow against building" by Bloomberg News | December 9, 2008

The New York Times Co., facing a $400 million debt repayment in May, may borrow as much as $225 million against its Manhattan headquarters.

:-) The NYT in DEBT to BANKS?!!!!!

Oh, man, they don't put these in here to make me feel good, do they?

The third-largest US newspaper publisher hired commercial real estate firm Cushman & Wakefield Inc. to help obtain financing through a mortgage or a sale-leaseback agreement, spokeswoman Catherine Mathis confirmed in an e-mail.

How much you wanna bet THEY GET ONE?

The Times Co., which finished the third quarter with $46 million in cash and equivalents, must refinance or repay a $400 million credit line that expires in May. The company has about $366.3 million remaining under a second credit agreement that becomes payable in June 2011.

To make up for declining advertising sales, the publisher of the namesake newspaper and The Boston Globe, slashed its dividend by almost three-fourths last month and has also eliminated jobs. The company has $672.5 million in long-term debt.

Which makes you WONDER about the COVERAGE? Unless the elites that run the paper care only for their INVESTMENTS, and not the PRODUCT they allegedly love!!!

The Times Co. reported the plans for its building yesterday, citing chief financial officer James Follo.

--more--"

Well, they won't be getting any help from me!!

I QUIT PURCHASING THEM LAST YEAR after decades of faithful patronage, and NEVER WILL AGAIN!!!


That's what happens when you shovel s*** lies!!!