In honor of Paul Dailing, I am going to continue to be lazy on occasion and simply dump a pile of stories and headlines into a blog post regarding the death of the daily newspaper (and maybe on the recruitment classified front as well). It continues to be fascinating to me to watch an industry [...]
Avista Capital Partners, owners of the Star Tribune, announced this morning that they did not make their quarterly interest payment on the $96 million in junior debt that accompanied the roughly $330 million in senior debt used to finance the $530 million purchase of the daily newspaper. While CEO Chris Harte reported that the company [...]