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zings:
We're a little surprised that the Sun-Times, not long out of bankruptcy itself, can afford to buy anybody. Maybe we should buy them first. There's talk here of passing the hat, and if we reach three figures making an offer they can't refuse. More likely though, the money's going to wind up in the March Madness pot. Better chance of a decent return.
― congratulations (n/a), Monday, 12 March 2012 19:39 (twelve years ago) link
Only so many Chicago hipsters, it appears:
Rising competition from Time Out Chicago also has hurt the Reader, Mr. Whitaker noted. Before that weekly magazine appeared on the market in 2005, the Reader's subscriber and advertising base was distinct from many other outlets in Chicago because it had particular appeal to the “hipster” set, but Time Out and others now target that audience, he said.
Bulkley and Atalaya didn't immediately respond to requests for comment. Chicago Reader Publisher Alison Draper also couldn't be reached.
Last October, Atalaya sold the other two papers, the Creative Loafing weeklies in Tampa and Charlotte, N.C., to SouthComm Inc., which is based in Nashville, Tenn.
Phoenix-based Village Voice Media Holdings LLC, which owns news weeklies across the country including the Village Voice in New York and the Phoenix New Times, also would be possible candidate to buy the Chicago Reader, said industry observers, who weren't aware of such talks. While SouthComm was also mentioned as a possible purchaser, it has tended to focus on smaller markets.
― curmudgeon, Tuesday, 13 March 2012 15:13 (twelve years ago) link
two months pass...
one year passes...
two months pass...