Inside these posts: Philadelphia Inquirer

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Aug. 25, 2010 at 5:45 p.m.
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Filed under: Bankruptcy, Entertainment, Investing, Management, Media, Newspapers, Radio, TV, Updated

Will Eisner be Tribune Co.’s next chairman?

By Tribune newspapers

Former Disney CEO Michael Eisner on July 7, 2010. (AP Photo/Nati Harnik)

By Dawn C. Chmielewski, Michael Oneal and Sallie Hofmeister

Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight — as chairman of the now-bankrupt Tribune Co.

The Chicago-based media company’s largest creditors are having preliminary conversations with prospective candidates who could operate Tribune Co. once it emerges from bankruptcy, according to several people with knowledge of the situation.

Eisner, who has been dabbling in the digital world as an investor since stepping down from Disney in 2005, is among the candidates under consideration to replace Chicago real estate magnate Sam Zell as chairman of the reorganized company. Get the full story »

June 28, 2010 at 5:31 p.m.
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Filed under: Bankruptcy, Media

Court OKs Philly newspaper reorganization plan

By Reuters

The publisher of the Philadelphia Inquirer won court approval Monday for its bankruptcy reorganization plan, clearing the way for lenders to buy its newspaper assets for about $139 million.

U.S. Bankruptcy Judge Stephen Raslavich rejected objections by some union pension funds before approving the plan proposed by Philadelphia Newspapers LLC, which runs the Inquirer and the smaller Philadelphia Daily News. Get the full story »