Entries tagged "McClatchy"
Like Gannett, debt-burdened McClatchy fumbles an exchange offer and struggles with debtholders who may like it better dead than alive.
The newspaper industry was struggling before the economic slump. Now papers desperately try a variety of strategies, some to survive, others to prepare for a future that's still unknowable.
Fitch gives media and entertainment a good chance of surviving the crisis. despite a few weak spots.
Profit-improvement opportunities for newspaper investors.
The 12 papers McClatchy put up for bidding in connection with its Knight Ridder acquisition reaped more than $2 billion and mark a significant dismantling of a one-time old media force.