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Philadelphia Newspapers Hope For Debt-Free Bankruptcy

Two large Philadelphia daily newspapers hope to emerge from bankruptcy debt-free by paying creditors $37 million in cash plus real estate to settle nearly $400 million in debt.

Philadelphia Newspapers filed its reorganization plan Thursday, six months after filing for Chapter 11 bankruptcy.
The plan gives creditors the iconic downtown building that houses The Philadelphia Inquirer and Philadelphia Daily News.

 

Don Hewitt, Creator of ‘60 Minutes,’ Dies at 86

Mr. Hewitt changed the course of broadcast news by creating the television magazine program for CBS.

 

Afghan calls for media blackout for election

Afghanistan's government on Wednesday called for a media blackout on reporting violence as fresh attacks threatened disruptions a day ahead of pivotal presidential elections.

 

MSNBC.com Acquires Hyperlocal News Site EveryBlock

MSNBC.com just announced that it has acquired EveryBlock, a 'hyperlocal' news and information site that has been publishing and aggregating data and news stories for 16 American cities for the last two years.

 

Want Your Articles on Google Instantaneously? Digg it.

Want Your Articles on Google Instantaneously? Digg it.

I'm just starting to submit stories from my blog to Digg, hoping against hope that they'll get some Digg love and drive some traffic back here. So far, no luck. The only Digg love my blog entries get is from me - and ONLY me. But I noticed a nice side effect - articles submitted to Digg almost instantly appear in Google's search results. Nice! Sure, the link goes to Digg, but from there, potential users can get here. It's a good trade-off.

 

Reuters Tells AP: “Stop Whining”

The Associated Press has been making controversial moves in the online space recently, including a plan to charge $12.50 for quoting 5 words of an AP story and enforcing strict social media rules on its staff.

 

Globe Union OKs New Contract Offer

After rejecting an earlier offer, The Boston Globe's largest union has voted overwhelmingly to approve a new contract that would give the financially struggling newspaper $10 million in concessions.

 

Media Loves Twitter This Much: $48 Million A Month At Least

Media Loves Twitter This Much: $48 Million A Month At Least

If Twitter needed to pay for the media coverage the company and service gets across the board, it would have spent almost as ...

 

Study Measures the Chatter of the News Cycle

Study Measures the Chatter of the News Cycle

Findings suggested traditional news sites were typically ahead of blogs by two and a half hours when a story line spread.

 

News Corp. Rebuts Allegations

News Corp. issued a detailed rebuttal of allegations that reporters at two of its U.K. tabloids used illegal methods to collect information on sports stars, celebrities and other public figures.

 

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