Skip to main content

Oakland Tribune Owner MediaNews Group In Trouble - San Francisco Business Times:

By
More at San Francisco Business Times:: “Moody's Investors Services on Thursday rated MediaNews Group Inc. -- owner of 29 newspapers in Northern California -- as being in “substantial risk” of default on its debt.

Denver-based MediaNews owns the Oakland Tribune, the Contra Costa Times, the Argus in Fremont, and the San Jose Mercury News, among other local papers.

The ratings service downgraded its “corporate family rating” of the privately held media company to Caa3 from B3 on $962 million in debt. It also lowered its “probability of default” rating to Caa3 from Caa1.”

-- And the Trib's plan to charge money to online readers for content access is not going to stop this slide.
Labels:

Comments

Post a Comment

Popular posts from this blog

Alex Castro, Electronic Arts VP, Is Oakland’s “Fake Joe Tuman”, “Crocker Mom”

By
Alex Castro, is currently Vice President Of Product Management At Electronic Arts, and a fairly-well-known and legendary tech executive, regularly quoted in a number of industry publications. But Alex Castro’s also an Oakland resident who has the terrible habit of going online, making traceble email accounts from his Electronic Arts office, and posing as someone […] from WordPress http://ift.tt/1fVkWP9 via IFTTT
Post a Comment
Read more

Event: Jog For Jill San Francisco Run September 12th Golden Gate Park

By
Cal Women's Rowing Team member Jill Costello passed away from complications due to lung cancer on June 24th 2010 and at the age of 21. A San Francisco event and run called Jog For Jill has been established and will be held this Sunday, September 12th at 5 PM. Two members of the Cal Women's Crew team were at the Cal vs. Davis football game wearing Jog For Jill shirts, and were kind enough to provide the video interview above. Below are the other details from the event website, where you're encouraged to pre-register here CLICK FOR SITE : Pre-Registration: Online/$25 Day of Registration: 4:00 p.m./$30 Shotgun Start: 5:00 p.m. After run/walk celebration: 6:00 p.m.- 8:30 p.m. Event Location: Golden Gate Park Music Concourse Bandshell S Tea Garden Drive San Francisco, California 94118 Participants are encouraged to pre-register. Only pre-registered participants will be guaranteed a walk/run T-shirt. T-shirts will be limited to the first 2500 day of regis...
Post a Comment
Read more

Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023

By
Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023 Interview: Imani, Chef Owner of Roasted and Raw RoastedRaw.com, For Oakland Restaurant Week 2023. Imani Greer gets a highlight in The Oakland Post: Chef Imani Greer, a culinary entrepreneur, has created quite a stir — and menu — for the Bay Area’s vegan-loving community with the opening of his new Roasted and Raw (R&R) restaurant near Oakland’s Jack London Square. I am proud to welcome him to Zennie62Media for Oakland Restaurant Week 2023. Stay tuned. via YouTube https://www.youtube.com/watch?v=8QvMqVWLAH4
Post a Comment
Read more