Tribune Files For Bankruptcy Protection: What’s The Fate Of The Los Angeles Times?
A sad day for the newspaper industry and for the people of the communities served by papers belonging to the Tribune company which filed for bankruptcy protection earlier today.
Of course, the odd thing is that even with the downturn in the economy and, for the newspapers, advertising, the Los Angeles Times, the Tribune’s trophy paper, continues to actually make a profit. Yet, it is being dragged down by the weight of the debt of the parent company which has forced layoffs and other drastic cutbacks at the paper.
What happens now is unclear. Technically, the chapter 11 filing would give the Tribune Company time and space to reorganize….But it might be for the best if the LA Times were cut loose and sold as a stand-alone entity.
February 20th, 2009 at 6:03 am
I don’t usually reply to posts but I will in this case. I’ve been experiencing this very same problem with a new WordPress installation of mine. I’ve spent weeks calibrating and getting it ready when all of a sudden… I cannot delete any content. It’s a workaround that, although isn’t perfect, does the trick so thanks! I really hope this problem gets solved properly asap.
July 20th, 2009 at 8:27 pm
gasvDf
December 7th, 2009 at 10:38 pm
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December 8th, 2009 at 3:14 am
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