NEWS
GOOD PEOPLE
HISTORY
LIFE HACKS
THE PLANET
SCIENCE & TECH
POLITICS
WHOLESOME
WORK & MONEY
Contact Us Privacy Policy Cookie Policy
© GOOD Worldwide Inc. All Rights Reserved.

Sun-Times Media Group Goes Bankrupt


The Sun-Times Media Group, the parent company of the Chicago Sun-Times and lots of smaller suburban newspapers, filed for bankruptcy yesterday. Ironically, their problems don't stem from being a print newspaper company. Their crooked former captain Conrad Black siphoned millions from the company coffers. But being a newspaper company didn't help their situation.They're hoping to restructure and bounce back: current Chief Executive Jeremy Halbreich stressed that the papers aren't going out of business. But that certainly doesn't seem to be the prevailing trend. Lets just hope the news survives.

More Stories on Good