Tag Archives | bankruptcy

Chicago Reader Goes the Way of Clear Channel and Leverage Is the Culprit

Private equity seems all the rage for financially troubled media properties, though I contend that is a bad thing. As I report on this week’s radioshow, all of the alternative weeklies owned by Atlanta-based Creative Loafing Inc. became the property of New York-based Atalaya Capital Management, which won a bankruptcy auction buying the company for […]

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mediageek radioshow for 11 December 2008: Looking Behind the Curtain at the Tribune Bankruptcy

Mitchell Szczepanczyk from Chicago Media Action joins to discuss the Dec. 8 filing for bankruptcy by the Tribune Company. Mitchell has been watching Tribune for many years now, since the company is a major media player both in the Chicago area and nationally. So he has some longitudinal perspective often lacking in press reports. Download/Podcast: […]

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