Tag: bankruptcy
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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 Notes for April 9, 2009
I’m going to try and get back in the saddle with posting show notes for each week’s radioshow so that listeners can check out some of the news items and other relevant stuff that comes up during the show. Since the show is produced live, often featuring live guests, I’ll be treating these posts as…
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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:…