THIS IS ARCHIVED CONTENT

Visit our new site at BusinessJournalism.org



Feb 5, 2008

Sun-Times considering sale

The parent company of The Chicago Sun-Times is exploring the possibility of selling the Sun-Times Media Group Inc. and its assets.
Reports from Editor & Publisher say the pressure from investors and trouble in the newspaper industry prompted the announcement that the company was "exploring strategic alternatives."
This news comes after a handful of changes over the last few months at the Sun-Times Media Group Inc. including layoffs and buyouts through its publications, changes in leadership and the shutting down of three weekly newspapers that focus on Chicago North Side neighborhoods.

0 Comments:

Post a Comment

<< Home