City Paper Media

More on the Sale of Washington City Paper

Posted by Erik Wemple on Aug. 24, 2007, at 11:01 am

When Washington City Paper and its sister alt-weekly, the Chicago Reader, were sold last month to Creative Loafing, the spin went like this: The papers’ owners were getting up there in years and didn’t have the energy to counter the prolonged media slump that’d chipped away at the pubs’ profit margin.

True, but not complete. In a great little story about the sale, Chicago Reader media guy Michael Miner paints a fuller picture, one that discusses a spat among the WCP-Reader owners. As it turns out, a disaffected member of the ownership team last year sued some of his partners—and may well have sped up the sale of the properties. It’s an excellent read.

For the especially curious, we’ve obtained a copy of Rehwaldt’s complaint (PDF), filed in Cook County Circuit Court in December.

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Comments

1. Jonathan R. Rees August 24th, 2007
   9:21 pm
   #1

   I should have bought the WCP. Hell, I have the money and the WCP would make a great venue for me to spill my ill will.

2. v August 24th, 2007
   10:06 pm
   #2

   Yeah, those unemployment checks really add up after a while.

3. Fister August 25th, 2007
   6:46 am
   #3

   LOL…is that why you are constantly in seach of menial paralegal jobs? Or what about when you claims that Dan Tangherlini tapped you to run the DC Meter job that ACS was given?

   Rees, you are a hoot.

4. HFN August 25th, 2007
   3:49 pm
   #4

   And don’t forget his most recent fabrication – he’s living in New York, having been hired as management for PepsiCo! Too funny!

   I guess selling toothbrushes to nursing home residents didn’t pan out.

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