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Apr 4, 2007 8:53 AM CDT

Tribune Saddled With Daunting Debt

New owner must repay $12 billion with declining revenues

(Newser) - Sam Zell 's bid for the Tribune Co. beat back his well-heeled rivals, but it saddled an already struggling enterprise with over $12 billion in debt. Now the Wall Street Journal wonders how he expects to pay it back. The likely annual interest fees alone will reach $1 billion, only...

Tribune Sold
To Zell

Apr 2, 2007 9:45 AM CDT

Tribune Sold To Zell

Real estate magnate will take it private; Cubs for sale

(Newser) - Chicago real estate magnate Sam Zell won a last-minute bidding war to buy the Tribune Compay with a $34-a-share offer, reports the Chicago Tribune. Zell will take the media conglomerate private in a deal that includes an employee stock ownership plan. The Cubs will be sold separately.

Playwright Finds Times Arrogant on Al Gore

Mar 26, 2007 10:18 AM CDT

Playwright Finds Times Arrogant on Al Gore

Do we have to read about the VP's weight in every dispatch?

(Newser) - Al Gore is having an astonishing political second act, leading the charge to save the planet, but the supercilious writers at the New York Times can't resist condescending to him, observes playwright Jon Robin Baitz, doing a little reverse reviewing in his blog. TheTimes, he argues, displays its "...

News Wars

Mar 19, 2007 5:11 PM CDT

News Wars

PBS takes on the future of news

(Newser) - From “infosnacking” to “hyperlocal” news, there is a whole new terminology describing the evolution of news, particularly the move to online news. The PBS show Frontline has developed a four-part series that examines the ‘News Wars’ taking place all around us.