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Paper Money.
- Source :
- Los Angeles Magazine; Jun2009, Vol. 54 Issue 6, p70-75, 4p, 1 Color Photograph
- Publication Year :
- 2009
-
Abstract
- The article focuses on the declining newspaper business, with emphasis on what seems to be a bleak future for the "Los Angeles Times." It cites the filing for Chapter 11 bankruptcy protection of Tribune Co., the parent company of the Times, in December 2008 as a means to restructure the business and reduce debt. It notes the decline of revenues for the Times from $1.08 billion in 2005 to $999.3 million in 2007. Also noted is the revenue potential of the Times as a brand.
- Subjects :
- NEWSPAPERS
BANKRUPTCY
CORPORATE profits
Subjects
Details
- Language :
- English
- ISSN :
- 15229149
- Volume :
- 54
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Los Angeles Magazine
- Publication Type :
- Periodical
- Accession number :
- 40117324