Created Tue 9th Dec 2008 6:03am PST by 
growthy
growthy 
Who will file for Chapter 11 bankruptcy first?
Background: Tribune files for bankruptcy protection
The publisher of the Chicago Tribune and the Los Angeles Times declared bankruptcy on Monday as the U.S. newspaper industry's unrelenting loss of readers and advertisers claimed its biggest victim yet.
Tribune Co, which owns eight major daily newspapers and several television stations, filed for Chapter 11 bankruptcy protection after collapsing under a heavy debt load just a year after real estate mogul Sam Zell took it private.
Like other big U.S. newspapers, Tribune is under pressure from declining advertising revenue and circulation as more people get news online and as companies cut their marketing budgets because of the economy.
http://www.reuters.com/article/topNews/idUSTRE4B62A620081208
Will be settled as none if none have filed for bankruptcy as of the suspension date.
The publisher of the Chicago Tribune and the Los Angeles Times declared bankruptcy on Monday as the U.S. newspaper industry's unrelenting loss of readers and advertisers claimed its biggest victim yet.
Tribune Co, which owns eight major daily newspapers and several television stations, filed for Chapter 11 bankruptcy protection after collapsing under a heavy debt load just a year after real estate mogul Sam Zell took it private.
Like other big U.S. newspapers, Tribune is under pressure from declining advertising revenue and circulation as more people get news online and as companies cut their marketing budgets because of the economy.
http://www.reuters.com/article/topNews/idUSTRE4B62A620081208
Will be settled as none if none have filed for bankruptcy as of the suspension date.
Settlement details:Will be settled as none if none have filed for bankruptcy as of the suspension date. As reported by a major mainstream news source.
Forecast history %
| The McClatchy Company (MNI) |
| ||||
| Belo Corp. (BLC) |
| ||||
| Journal Communications Inc. (JRN) |
| ||||
| Media General, Inc. (MEG) |
| ||||
| The New York Times Company (NYT) |
| ||||
| Gannett Co., Inc. (GCI) |
| ||||
| None |
|
Question suspends in 5 weeks
- Activity: H$6,068 |
- Predictions: 63 |
Comments: 4
Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go)
Initial likelihoods: The McClatchy Company (MNI): 10%, Belo Corp. (BLC): 10%, Journal Communications Inc. (JRN): 10%, Media General, Inc. (MEG): 10%, The New York Times Company (NYT): 5%, Gannett Co., Inc. (GCI): 5%, None: 50%
Action history:
Created Tue 9th Dec 2008 6:03am PST by growthy
growthy
Changed Description Tue 9th Dec 2008 6:41pm PST by 
bayoubear![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: show details
bayoubear: show details ... files for bankruptcy protection</b> <><br/> <br/> The publisher of ... claimed its biggest victim yet. <.<br/> <br/> Tribune Co, which ... Sam Zell took it private. <.<br/> <br/> Like <b>other ... budgets because of the economy. <.<br/> <br/> <a href="http:// ... .com/article/topNews/idUSTRE4B62A620081208</a>> <br/> <br/> Will be settled as none if none have filed for bankruptcy as of the suspension date.
Changed Settlement info Tue 9th Dec 2008 6:41pm PST by bayoubear: show details
bayoubear: show details ... Will be settled as none if none have filed for bankruptcy as of the suspension date. As reported by a major
Changed Description Tue 9th Dec 2008 6:53pm PST by bayoubear: show details
bayoubear: show details ... files for bankruptcy protection</b><> <br/> <br/> The publisher of ... claimed its biggest victim yet.<. <br/> <br/> Tribune Co, which ... Sam Zell took it private.<. <br/> <br/> Like <b>other ... budgets because of the economy.<. <br/> <br/> <a href="http://
Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go) details 
Get widget!Predictions (63)
frogchop
predicted None (H$750 at 42%)
samlepirat
predicted Journal Communications Inc. (JRN) (H$40 at 9%)Comments (4)
Stake virtual dollars on the outcomes of real news stories! Win more if you're right and climb the leaderboards Learn more...
By joining you are agreeing to our terms of service
Related News 
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
Washington Post 27 weeks ago
excise tax on the transaction. Incidentally, the IRS has recently gone after Tribune's Chicago rival, The Sun-Times Media Group, for over $600 million in back taxes. More after the jump ?$13M in bonuses approved, not a dime of severance: The court
score: 10
score: 10
Finance 24 29 weeks ago
New York - Media conglomerate Tribune Co. has filed for bankruptcy protection. The owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and other properties has $13bn in debt. Severe reductions
score: 10
score: 10
Miami Herald 29 weeks ago
American Community Newspapers Inc., which operates smaller community newspapers in four major U.S. markets, has filed for bankruptcy protection. The company filed its Chapter 11 petition Tuesday in U.S. Bankruptcy Court
Related Tags
MNI = .76 share
BLC = 1.59
JRN = 2.23
MEG = 1.72
NYT = 7.12
GCI = 7.92
Please log in or join to add a comment