Revolving Door Newsletter: 05.16.06
Is Ron Burkle Indie Media's Next Savior?
May 16, 2006
When was it, exactly, that
Ron Burkle became the great underwriter of independent media in America? Starting today, it would seem. Tuesday's the day bids are due in McClatchy's auction of
The Philadelphia Inquirer and the
Philadelphia Daily News, both of which Burkle is bidding on through his Yucaipa Cos. investment vehicle, in conjunction with the Newspaper Guild. And then there's
today's report in
WWD that
Maer Roshan has actually rehired three of his former
Radar employees for a third bid at publishing the magazine, which will also be backed by Burkle. Please note that ...
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