A couple of weeks back, I reported in this space that my bosses in the Creative Loafing chain of alt-weeklies cut my pay to ease the company's cash crunch. Seemed like the right thing to do: The pay cuts affected the top people at corporate plus the "publishing teams"—editors, publishers, top ad people—at the various [...]
Posts Tagged ‘Creative Loafing’
Good morning, City Desk readers, and welcome to another installment of Freedom Friday. Before we get started, I'd like to throw something out there: GeoPet. Can y'all feel that contraction bustle off your palate, like so many Metro riders leaving the Georgia Avenue-Petworth station? I can. Petworth needs this, folks. Why should AdMo, CoHi, and [...]
Representatives of Washington City Paper's parent company, Creative Loafing Inc., are today sitting through what is shaping up like a marathon hearing in a Tampa bankruptcy court, according to Wayne Garcia, a correspondent for our sister paper in Tampa. At issue is ownership of the company: Creative Loafing declared Chapter 11 bankruptcy last fall after [...]
Real-time blogging going on right here. I'm in a conference call with my bosses at Creative Loafing Inc. (CL), which owns us, Washington City Paper, as well as five other alt-weeklies. One purpose of the conference call, according to our corporate No. 2 Kirk MacDonald, is to address our "cost structure."
Actually, that's my cost [...]
Whatever feelings of fraternity and common cause that once glued together Creative Loafing, the star-crossed company that purchased City Paper last year and declared bankruptcy recently, are getting a little less sticky.
First, the bankruptcy. Then last week, Ken Edelstein, editor of CL's Atlanta paper, was canned. Then, as McKenna noted on Friday, John Sugg, a [...]
Last Monday, Creative Loafing, the company that owns Washington City Paper and five other papers, announced that it had filed for Chapter 11 bankruptcy. At the time, Creative Loafing CEO Ben Eason said, Chapter 11 was a "natural place for the Company to go to accomplish an orderly reorganization of our finances."
This move was occasioned [...]
WASHINGTON CITY PAPER FILES FOR CONTENT BANKRUPTCY, SEEKS INJUNCTIVE RELIEF FROM YOU, THE READER
* Headline of Politico's VP debate preview makes me giggle. Plus: We watch for the crashes:
With all their potential for pitfalls and insta-classic moments, the pair has made the build up to the showdown, to take place here Thursday night at Washington University, feel more like a NASCAR race than a serious political forum: the [...]
So I guess I could have just gone to the big man himself. Earlier today I posted about the confusing, and concerning, documents filed by Creative Loafing, our parent company, in their application for Chapter 11 bankruptcy protection. Well, blogger Rob Capriccioso, aka Big Head Rob, took it upon himself to forward my post to [...]
Perusing the scanned documents from our parent company's Chapter 11 case, I'm finding a lot of lingo I don't totally understand (PDFs: Emergency Motion to Use Cash Collateral, Emergency Motion for Nunc Pro Tunc Authorization). But hey, here's one I think I get: Notice of Deficient Filing. It appears that Ben Eason's bankruptcy papers [...]