Bankruptcy

How bad have the Star Tribune’s woes gotten? If a tweet by David de Young is any indicator, bad enough that they won’t honor commitments to contributors. The founder of the music site “How Was the Show?,” de Young writes that the newspaper sent him a copy of its “Commencement of Chapter 11″ bankruptcy papers, [...]

Expected but still momentous. Here’s a snapshot from a first draft of history — the Star Tribune’s telling of its own history, though not a pretty chapter of it (click on the story image to go to the Strib’s latest version):

For the docs see Strib’s reorg info page; for an FAQ see MinnPost’s Braublog.

With the Star Tribune possibly within two weeks of filing bankruptcy (according to newsroom Guild sources), we’re seeing yet another wave of big-name departures at the Strib: columnist Katherine Kersten, online managing editor Will Tacy and web designer Jaime Chismar, among others. But curiously, if you’re on the microblogging service Twitter, you might get the [...]

The sun is shining. The snow is melting. The soil is finally softening. Oh, and so are those financial markets. But you already knew that. So on this bright Friday, we offer you, dear readers, more light at the end of that dark, long tunnel. The zinc lining in the dark cloud. It’s Friday Financials!