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Who will file for Chapter 11 bankruptcy first?

Settled as None

None of these firms filed for Chapter 11 by the suspension date

Background:

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 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.

 
Forecast history %
The McClatchy Company (MNI)
1%
Belo Corp. (BLC)
0%
Journal Communications Inc. (JRN)
0%
Media General, Inc. (MEG)
0%
The New York Times Company (NYT)
0%
Gannett Co., Inc. (GCI)
0%
None
99%
Settled as None on Sat 16th Jan 6:01am PST

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:

Created Tue 9th Dec 2008 6:03am PST by growthy
Changed Suspend date Mon 21st Dec 2009 7am PST by bayoubear[Admin]: was: "2009-12-31 23:59:00"
Suspended Wed 30th Dec 2009 11:59pm PST : Suspend date reached
Settlement requested Mon 4th Jan 3:46pm PST by mickeydaniel: Please settle as "NONE". All listed companies traded on U.S. exchanges on 1/4/10.
Settlement requested Thu 7th Jan 9:08am PST by bookie: Should settle as none... no news of other bankruptcies afaict
Settlement requested Thu 14th Jan 10:21pm PST by randburg: This question has been suspended for more than fourteen days without settlement. Can this question please be settled at this time? Many Thanks!
Settled as 'None' Sat 16th Jan 6:01am PST by bayoubear[Admin]: None of these firms filed for Chapter 11 by the suspension date

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)

12 weeks ago
bayoubear[Admin] predicted None (H$1,000 at 88%)
14 weeks ago
keyeshoveden[Power User] predicted None (H$5,000 at 77%)
14 weeks ago
frogchop predicted None (H$2,000 at 56%)
16 weeks ago
gfc62 predicted None (H$100 at 47%)
24 weeks ago
frogchop predicted None (H$750 at 42%)

Comments (4)

Where is our government... They need to bailout the Liberal press with our tax dollars immediatly... ;)
posted 1 year ago
I can get behind that bailout.
posted 1 year ago
  3 emmag
Who's next to get bailed out? The fashion industry? How about the fishing industry -- those guys are having a heck of a time making a living.
posted 1 year ago
December 30, 2008 stock prices:
MNI = .76 share
BLC = 1.59
JRN = 2.23
MEG = 1.72
NYT = 7.12
GCI = 7.92
posted 1 year ago

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