From Crain’s Chicago Business | Chicago Social publisher Modern Luxury LLC, which targets wealthy individuals in Chicago and 11 other major U.S. markets has been sold to Dickey Publishing Inc., an Atlanta-based magazine and online publisher.
Filed under: Magazines
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Former Indonesian Playboy editor faces jail time
Prosecutors were searching Thursday for the former editor-in-chief of Playboy Indonesia after the highest court sentenced him to two years in prison for publishing pictures of scantily clothed women.
Erwin Arnada was acquitted by the South Jakarta District Court in April 2007, with judges arguing the photos could not be categorized as pornography under the country’s criminal code. The case was appealed to the Supreme Court, which issued a guilty verdict in 2009 but only informed the prosecutors on Wednesday. It was not clear why. Get the full story »
Aug. 13, 2010 at 4:20 p.m.
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Filed under: Bankruptcy, Chicago executives, Magazines, Media, Newspapers, Radio, TV Zell seeks to be repaid before others in Tribune bankruptcy
Sam Zell, who took Tribune Co. private in a 2007 leveraged buyout, says he wants his claims in the media company’s bankruptcy to be paid before those of any lower-priority creditors. Zell put $315 million of his own money into the $8 billion deal. The company filed for Chapter 11 last year.
Demands by the lower-priority creditors have gotten louder since a bankruptcy examiner’s report last week raised questions about the LBO.
