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Tribune Prepares for Bankruptcy Filing
Wall Street Journal Online ^ | 7 December 2008 | N/A

Posted on 12/07/2008 3:23:33 PM PST by Erik Latranyi

Tribune Co. is preparing for a possible bankruptcy-protection filing as soon as this week, according to people familiar with the matter, opening a new front of trouble for the newspaper industry.

As Tribune continues discussions with its lenders to rework its debt load, the newspaper-and-television concern in recent days ...

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: bailout; chicago; dinosaurdeathwatch; latwp; liberalmedia; msmdeathwatch; newpaperbailout; obama; samzell; tarp; tribune; zell
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December 7th may live in infamy after all.......
1 posted on 12/07/2008 3:23:34 PM PST by Erik Latranyi
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To: Erik Latranyi

SCHADENFREUDE!


2 posted on 12/07/2008 3:24:28 PM PST by StAnDeliver
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To: abb

Just heard it on Bob Brinker Moneytalk!

har!


3 posted on 12/07/2008 3:24:54 PM PST by BurbankKarl
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To: Erik Latranyi

Excellent. And let us hope such great news follows from the other anti-American, socialist-supporting propoganda rags like the NYT, LAT, etc.

May they choke on their treasonous behavior.


4 posted on 12/07/2008 3:25:20 PM PST by EagleUSA
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To: Erik Latranyi

LOL, beat you to it by 8 seconds, here:

http://www.freerepublic.com/focus/f-news/2144619/posts?page=8#8


5 posted on 12/07/2008 3:25:36 PM PST by jsh3180
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To: Admin Moderator

Belongs somewhere in Breaking or Front Page, don’t you think?


6 posted on 12/07/2008 3:25:39 PM PST by StAnDeliver
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To: StAnDeliver

It already is.


7 posted on 12/07/2008 3:27:16 PM PST by BlessedBeGod
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To: Erik Latranyi

I can remember when the Chicago Tribune was a conservative paper.


8 posted on 12/07/2008 3:28:00 PM PST by teletech (Friends don't let friends vote DemocRAT)
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To: Erik Latranyi
Tribune has been a major force in American journalism for more than 150 years. The company’s market-leading newspapers include the Los Angeles Times and Chicago Tribune.

Snicker....

9 posted on 12/07/2008 3:28:18 PM PST by Principled (They used the CRA to undermine capitalism. They're using ACORN to undermine democracy.)
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To: Erik Latranyi

HA....too bad, so sad....everyone gets what they deserve, eventually....guess what....TRIBUNE is GETTING WHAT it’s DESERVED!!!


10 posted on 12/07/2008 3:29:32 PM PST by goodnesswins (CAPITALISM is FUN.........SOCIALISM SUCKS - pass it on.)
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To: Aaron0617

satire?


11 posted on 12/07/2008 3:29:50 PM PST by Aaron0617
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To: Erik Latranyi
Here are Tribune's susidiaries

Tribune Company Business Units and Websites

National Cable
>|

WGN AMERICA
www.WGNAmerica.com


Radio
>|

WGN-AM CHICAGO
www.WGNradio.com


Television Stations

>|

WPIX-TV (CW) NEW YORK
www.WPIX.com

>|

KTLA-TV (CW) LOS ANGELES
www.KTLA.com

>|

WGN-TV (CW) CHICAGO
www.WGNtv.com

>|

CLTV CHICAGOLAND TELEVISION 24-HOUR NEWS
www.CLTV.com

>|

WPHL-TV (MY) PHILADELPHIA
www.myPHL17.com

>|

KDAF-TV (CW) DALLAS
www.the33tv.com

>|

WDCW-TV (CW) WASHINGTON DC
www.DC50tv.com

>|

KIAH-TV (CW) HOUSTON
www.39online.com

>|

KCPQ-TV (FOX) SEATTLE
www.Q13FOX.com

>|

KMYQ-TV (MY) SEATTLE
www.myQ2.com

>|

WSFL-TV (CW) SOUTH FLORIDA
sfl.SouthFlorida.com

>|

KWGN-TV (CW) DENVER
www.KWGN.com

>|

KTXL-TV (FOX) SACRAMENTO
www.FOX40.com

>|

KPLR-TV (CW) ST. LOUIS
www.CW11tv.com

>|

KRCW-TV (CW) PORTLAND
www.Portlands32.com

>|

WXIN-TV (FOX) INDIANAPOLIS
www.FOX59.com

>|

WTTV-TV (CW) INDIANAPOLIS
www.Indianas4.com

>|

KSWB-TV (FOX) SAN DIEGO
www.Fox5SanDiego.com

>|

WTIC-TV (FOX) HARTFORD
www.FOX61.com

>|

WTXX-TV (CW) HARTFORD
www.WTXX.com

>|

WXMI-TV (FOX) GRAND RAPIDS
www.WXMI.com

>|

WPMT-TV (FOX) HARRISBURG
www.FOX43.com

>|

WGNO-TV (ABC) NEW ORLEANS
www.ABC26.com

>|

WNOL-TV (CW) NEW ORLEANS
www.nola38.com


Broadcasting Entertainment
>|

TRIBUNE ENTERTAINMENT
www.TRIBTV.com

>|

TRIBUNE STUDIOS
www.TribuneStudios.com


Daily Newspapers
>|

LOS ANGELES TIMES
www.LATimes.com

>|

CHICAGO TRIBUNE
www.ChicagoTribune.com

>|

THE SUN
www.BaltimoreSun.com

>|

SUN SENTINEL
www.SunSentinel.com

>|

ORLANDO SENTINEL
www.OrlandoSentinel.com

>|

THE HARTFORD COURANT
www.Courant.com

>|

THE MORNING CALL
www.MCall.com

>|

DAILY PRESS
www.DailyPress.com

>|

RedEye
RedEye.chicagotribune.com


Spanish-Language Newspapers
>|

HOY
www.HoyInternet.com

>|

EL SENTINEL - ORLANDO
www.elsentinel.com

>|

EL SENTINEL - SOUTH FLORIDA
http://www.sun-sentinel.com/elsentinel/


Classified Advertising
>|

CLASSIFIED VENTURES
www.ClassifiedVentures.com

>|

CAREERBUILDER
www.CareerBuilder.com

>|

APARTMENTS.COM
www.Apartments.com

>|

CARS.COM
www.Cars.com

>|

NEW HOME NETWORK
www.NewHomeNetwork.com

>|

HOMESCAPE
www.Homescape.com

>|

FOR SALE BY OWNER
www.ForSaleByOwner.com


Magazines
>|

CHICAGO MAGAZINE
www.ChicagoMag.com


Sports and Entertainment
>|

METROMIX
www.Metromix.com

 


>|

CHICAGO CUBS
www.Cubs.com


Subsidiaries
>|

TRIBUNE MEDIA SERVICES
www.TMS.tribune.com

>|

TMS ENTERTAINMENT PRODUCTS
www.tribunemediaentertainment.com

>|

TMS SYNDICATED PRODUCTS
www.tmsfeatures.com

>|

ZAP 2 IT
www.Zap2it.com

>|

TRIBUNE DIRECT
www.TribuneDirect.com


12 posted on 12/07/2008 3:30:33 PM PST by P8riot (I carry a gun because I can't carry a cop.)
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To: Erik Latranyi

Big 3 should do the same.


13 posted on 12/07/2008 3:30:47 PM PST by ChicagoConservative27 (My President is Bobby Jindal)
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To: Erik Latranyi
Tribune Prepares for Bankruptcy Filing

Not to worry.

Somehow, the Tribune will hang on until President Obama
(on/after Jan. 20)
and his Democratic-majority House and Senate make TARP funds
available to save the Tribune and its' assets.

And preserve year-end bonuses and golden parachutes for Obama's
home-town (Chicago) butt-buddies.
14 posted on 12/07/2008 3:31:17 PM PST by VOA
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To: Erik Latranyi

What was Sam Zell thinking when he bought Tribune Co.?


15 posted on 12/07/2008 3:31:23 PM PST by St. Louis Conservative
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To: Erik Latranyi
Despite it being a left leaning paper.

I do not rejoice any newspaper disappearing.

16 posted on 12/07/2008 3:31:27 PM PST by BGHater (Obama is a Neocon.)
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To: Erik Latranyi
possible bankruptcy-protection filing as soon as this week,

But why? Can't you ask for some bail out money? You can't possibly declare bankruptcy to get out from pension liability... that is unliberal of you...

17 posted on 12/07/2008 3:32:29 PM PST by John123 (The US may be going down the drain, but everyone else will drown first...)
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To: P8riot

It’s so wonderful ... It’s like early Christmas.


18 posted on 12/07/2008 3:32:42 PM PST by StAnDeliver
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To: St. Louis Conservative

Tax write-off.


19 posted on 12/07/2008 3:34:17 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Erik Latranyi
"Tribune Prepares for Bankruptcy Filing"

Well, it looks like being the official printer of the DNC isn't quite as financially lucrative as expected.

20 posted on 12/07/2008 3:34:33 PM PST by meyer (We are all John Galt)
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