Cry havoc and let loose the puppies of journalism | Bleader

Friday, February 8, 2008

Cry havoc and let loose the puppies of journalism

Posted By on 02.08.08 at 06:01 PM

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Standard & Poor's Ratings Services said Friday it has placed Tribune Co.'s ratings on CreditWatch for possible downgrade to reflect its expectation of worsening newspaper advertising revenue.

The ratings placed on CreditWatch with negative implications include the newspaper publisher's non-investment grade “B'' corporate credit rating.

Quick! To your stations!

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