Tuesday, August 25, 2009

Chicago Reader Has New Owners

Posted by Michael Miner on 08.25.09 at 11:19 AM

Bankruptcy Judge Caryl Delano in Tampa ruled this morning that Atalaya Capital Management of New York had outbid the current owners of Creative Loafing Inc. and would take over the company.

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Two questions:

1) What does this mean for Michael Miner? and

2) What does this mean for the readers of the Reader?

-- MrJM

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Posted by MrJM on 08/25/2009 at 2:55 PM

Nothing immediate. All we know is that there are no planned layoffs.

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Posted by whet on 08/25/2009 at 2:58 PM

Dead serious question that is NOT related to who owned, owns, or will own the Reader:

How does an individual reader of the Reader, who wants to see it continue and thrive, support it?

Obviously, I should pick up the paper weekly, patronize the advertisers when I can, and recommend the paper to others. I should visit the web site, read the blogs, and click the sponsor links. In those infrequent times when I have some thing or some service or some place to sell, I should place classified or display advertising.

Is that it? What else can I do?

I don't want to miss the Reader when its gone....

Dave

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Posted by DAW0001 on 08/25/2009 at 3:07 PM
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