Here’s the latest regarding Tribune’s request to distribute $70 million in bonuses to top executives. Here’s a little excerpt: “In a troubled industry as this one, the argument could be made that bonuses should not be paid, or certainly not of this magnitude,” the judge said. On the other hand, he noted, companies working to [...]
A government bailout of newspapers is probably not going to happen, some say, but The Newspaper Association of America says it should anyway. Here’s the scariest tidbit from the Boston Globe’s article on the subject: “The decline in industrywide ad sales accelerated last quarter to 29 percent from 28 percent in the first quarter, according [...]
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