They are about to go cash flow negative.
http://www.mediapost.com/publications/?fa=Articles.showArticle&art_aid=94491
Publishing operating cash flow was $13 million—a 91% decline from $148 million in 2007. The company said publishing ad revenues sank 19%, or $111 million, for the quarter.
How deep are Zell's pockets? How much do you think he is willing to invest in this turkey? Also, do you know his political allegiances?