The Chicago News Cooperative Debuts | Bleader

Friday, November 20, 2009

The Chicago News Cooperative Debuts

Posted By on 11.20.09 at 11:44 AM

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The first big story is a doozy by Dan Mihalopoulos on the parking meters. It's obviously been widely reported, but the former Trib city hall reporter scored some internal documents on how much dough Chicago Parking Meters, LLC is baking. 70% profit margin is pretty good, by which I mean totally infuriating. As to the parts about how the city didn't get a sufficiently good deal, well, we kinda figured that, but the more the merrier.

Arts & Culture is somewhat less successful. There's a Modern Wing at the Art Institute, and it features modern art.

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