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Tribune Co. preparing to print in red ink, according to WSJ

Discussion in 'Journalism topics only' started by DanOregon, Dec 7, 2008.

  1. steveu

    steveu Well-Known Member

    I'd say you could. Where's Sylar from "Heroes" when you need him?
  2. slappy4428

    slappy4428 Active Member

    Not in this pla
  3. DanOregon

    DanOregon Well-Known Member

    I'm interested in finding out what's next. Not the next news org to spit the bit, but what company or technology is going to emerge out of this mess. I think the existing media giants are already carrying too much debt and their declining revenues will scare off bankers. But I do figure someone or something will emerge, perhaps a network of blogs that sorts areas of interest and geography like Google does with all websites.
  4. Lugnuts

    Lugnuts Well-Known Member

    I was kind of hurt that nobody wanted to discuss this with me a month ago:

    <<< sounds of crickets chirping >>>

    I realize this is a depressing subject, but this one is a doozy.
  5. goalmouth

    goalmouth Well-Known Member

    Or, it could be negotiating tactic for union givebacks.
  6. Simon_Cowbell

    Simon_Cowbell Active Member

    Or for reduced obligations to creditors.
  7. fishwrapper

    fishwrapper Active Member

    According to the NYT, WSJ and LAT's stories, it seems this is the case.
    But, who the fuck knows anymore?
  8. SF_Express

    SF_Express Active Member

  9. Hank_Scorpio

    Hank_Scorpio Active Member

    Yea, they're talking about it on CNBC right now.
  10. Anybody want to go out for about 300 drinks?
  11. SF_Express

    SF_Express Active Member

    I'm there ... but then I'll probably be on a cutback list, so maybe not.
  12. accguy

    accguy Member

    The scary part of all of this is that I'm afraid this is the move that gets dominos falling.

    None of these media companies wanted to be the first to declare bankruptcy, just like none of them wanted to be the first to start laying off tons o' people.

    I'm just afraid that a number of them will now start to declare to get out of contracts and debt. Scary times.
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