Mail    Print   Share Share

Revolving Door Newsletter: 12.09.08

Tribune Co. Goes Bankrupt, NYT To Follow?

December 9, 2008
There's lots more trouble in the world of newspapers: Sam Zell's struggling Tribune Co. filed for Chapter 11 bankruptcy protection, attributing it to a "perfect storm" of conditions in the media world. (Zell, of course, says he saw this coming before the financial meltdown, which begs the question as to why he didn't do anything to prevent the disaster.) Los Angeles Times staffers are worried about whether their checks will clear, while it remains to be seen if "grave digger" Zell -- who helped drive this whole mess through his leveraged purchase of the company -- can escape the debacle ...

AvantGuild Sign Up Now!Sign Up Now!

The How to Pitch series is worth its weight in gold. In just the first month I'd already benefited enough to consider the cost of joining well worth it. -- Gaen Murphree
AvantGuild benefits give you access to:
  • Premium content, including our How to Pitch Guides, an indispensable tool for freelance writers. view sample >
  • Savings of up to $35 per class on mediabistro.com courses and seminars.
  • Insurance discounts for freelancers and small businesses, including medical, dental, auto and home.
  • Lots of other professional discounts, including ZipCar (a $50 value) and your choice of magazine subscriptions (a $10 value).

... and much more! View all benefits or Sign up now!

Already an AvantGuild member?

Log in here to view the full page.

Email
remember me
Password
forgot your password?