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Tribune Co. creditors court Michael Eisner and Jeff Shell for top jobs

Former Walt Disney Co. Chief Executive Michael D. Eisner is in discussions that could lead to his return to the media spotlight as chairman of the now-bankrupt Tribune Co. Read this article: Tribune Co. creditors court Michael Eisner and Jeff Shell for top jobs The Portland, Oregon bankruptcy attorneys and Vancouver Washington …

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Tribune Co.’s proposed bankruptcy settlement falls apart

The lead attorney for the media conglomerate, which owns the L.A. Times and Chicago Tribune, threatened to subject the reorganization case to extended litigation if parties cannot come to an agreement. The settlement at the heart of Tribune Co.’s proposed reorganization plan has fallen apart, casting doubt on whether the …

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2 exonerated Conn. inmates freed after 16 years (AP)

AP – Ronald Taylor and George Gould, wearing shackles and the orange jumpsuits assigned to the state’s convicted killers, entered court Thursday flanked by prison guards.

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The Columbian emerges from Chapter 11 bankruptcy in Vancouver

A judge approves a reorganization plan, allowing the 120-year-old newspaper to emerge from Chapter 11 bankruptcy after nine months of negotiations with its creditors.

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Bankruptcy judge ready to approve bonuses

DOVER, Del. – (AP) A Delaware bankruptcy judge is ready to approve Tribune Co.’s request to pay bonuses of up to $45 million to hundreds of managers, including the media conglomerate’s top 10 executives. In an order Thursday, the judge said that unless he receives any objection b More here: Bankruptcy judge …

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MediaNews parent files for Chapter 11 protection (AP)

AP – The owner of The Denver Post, San Jose Mercury News and 52 other daily newspapers filed for bankruptcy protection Friday, joining the procession of publishers choking on too much debt. Follow this link: MediaNews parent files for Chapter 11 protection (AP)

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Air America bankrupt, ceasing programming

Launched in 2004 as the voice of “progressive” politics, Air America cites the a “perfect storm” in the media industry for ceasing operations.

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Air America bankrupt, ceasing programming

Launched in 2004 as the voice of “progressive” politics, Air America cites the a “perfect storm” in the media industry for ceasing operations.

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Affiliated Media, parent of Daily News owner MediaNews, to file for bankruptcy protection

Affiliated Media Inc., the holding company for MediaNews Group, whose newspapers include the Denver Post and several Southern California papers, plans to file for Chapter 11 bankruptcy protection. See the original post: Affiliated Media, parent of Daily News owner MediaNews, to file for bankruptcy protection

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Citadel, other media companies file bankruptcy (Reuters)

Reuters – Three more media companies, including broadcaster Citadel Broadcasting , have filed for bankruptcy, brought low by the drop in advertising revenue and crushing debt loads. Follow this link: Citadel, other media companies file bankruptcy (Reuters)

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