
Who will file for Chapter 11 bankruptcy first?
None of these firms filed for Chapter 11 by the suspension date
Background:>
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 1/1/2010, with the question suspending on 12/30/2009.
Settlement details:Will be settled as none if none have filed for bankruptcy as of 1/1/2010, with the question suspending on 12/30/2009.. As reported by a major mainstream news source.
| The McClatchy Company (MNI) |
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| Belo Corp. (BLC) |
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| Journal Communications Inc. (JRN) |
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| Media General, Inc. (MEG) |
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| The New York Times Company (NYT) |
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| Gannett Co., Inc. (GCI) |
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| None |
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- Activity: H$24,168 |
- Predictions: 69 |
Comments: 4
Suspend date: Wed 30th Dec 2009 11:59pm PST
Settlement date: Sat 16th Jan 6:01am PST
Prediction cut-off: Predictions on this question after Wed 30th Dec 2009 11:59pm PST have been voided because they were made after the question could be settled
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:
Suspend date: Wed 30th Dec 2009 11:59pm PST
Settlement date: Sat 16th Jan 6:01am PST
Prediction cut-off: Predictions on this question after Wed 30th Dec 2009 11:59pm PST have been voided because they were made after the question could be settled details
Predictions (69)
Comments (4)
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MNI = .76 share
BLC = 1.59
JRN = 2.23
MEG = 1.72
NYT = 7.12
GCI = 7.92
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