New York Times, NBC and the Tribune Co. in Financial Trouble

Media conglomerate Tribune Co., smothered by $13 billion in debt and a drop-off in advertising, on Monday became the first major newspaper publisher to seek bankruptcy protection since the Internet sent the industry into a tailspin.

A terrible fall season at NBC is forcing the network to consider scaling back the number of hours it airs programming, Chief Executive Jeff Zucker told an investor conference Monday. - The Huffington Post

NVDL: I am sure that bloggers will be there to pick up the pieces, providing news and entertainment (and everything in-between), and doing so for free.

clipped from www.huffingtonpost.com The New York Times Company plans to borrow up to $225 million against its mid-Manhattan headquarters building, to ease a potential cash flow squeeze as the company grapples with tighter credit and shrinking profits. Tribune Company Files For Bankruptcy Protection clipped from www.huffingtonpost.com mollysgran See Profile I'm a Fan of mollysgran I lost interest in TV over 4 years ago, and only watch a few movies now and then. It is all a waste of time, and caters to dull minds. Books and the internet are the best way to stay informed. clipped from www.huffingtonpost.com roybattyjunior See Profile I'm a Fan of roybattyjunior Good. 30 years of unfettered corporatism is following its master, Milton Friedman, to the grave. A fitting quote for his toxic legacy: "O, what a tangled web we weave, When first we practice to deceive!"