The Wall Street Journal is reporting that the Tribune Co. may be filing as soon as this week. Tribune has confirmed that it has hired bankruptcy lawyers.
Faced with $13 billion in debt and declining ad revenue, the company (which owns The Sun, The Chicago Tribune and The Los Angeles Times) is trying to negotiate new terms with its creditors and has hired advisers for a possible bankruptcy filing, according to the New York Times. It’s one more reminder for beleaguered Sun employees that their out-of-town paymasters are on thin ice. As if they need one. A dozen Newspaper Guild members at the Sun voluntarily left and another three were laid off last month, a Sun union official said last week. Half of those “voluntary separations,” were from the newsroom, a Guild rep told The Baltimore Business Journal.
Baltimore Brew
Stirring up News and Views in Baltimore Maryland
Wednesday, February, 8th, 2012
8Weather
February 7, 2012
February 6, 2012
Mount Royal bike lane statements
People involved in the Mount Royal Avenue bike lane issue have asked for the full text of the statements issued by Maryland Institute College of Art and the Baltimore Department of Transportation so here’s a link to a page where we’ve pasted up both. In addition, MICA has put Lazarus’ statement up on its website [...]
February 3, 2012
February 1, 2012
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Baltimore’s guerrilla crosswalk artists
Transportation officials don’t like it, but Hampden residents are apparently fed up – they want cross-walks repainted on The Avenue and if the city’s not going to maintain the crosswalks on this busy north Baltimore street, they’re doing it themselves. Deborah Patterson, a former OSI-Baltimore Community Fellow who runs ArtBlocks, is one of the ringleaders. [...]
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January 31, 2012
Below the Fold
January 27, 2012
Your Baltimore Weekend
Catching up on a slew of interesting things to do and read this weekend that we almost lost track of in the Kickstarter hub-bub. Here are just a few: SATURDAY (1/28/12) New Mercury Non-fiction Reading – Check out tell-it-like-it-is education blogger Edit Barry (see below) and a pack of other feisty non-fictional characters from the [...]
