Freedom Communications may seek bankruptcy
Scott Fybush
scott@fybush.com
Mon Aug 31 09:22:32 EDT 2009
Doug Drown wrote:
> NPR's "Morning Edition" reported this morning that Freedom
> Communications, the owner of The Orange County Register and several
> other newspapers, plans to file for bankruptcy this week, the result
> of declining ad revenues. I wonder how this will affect Freedom's
> ownership of WRGB in Schenectady. Might a sale be in the offing?
> -Doug
>
> Reuters report:
> http://www.reuters.com/article/privateEquity/idUSN3041660020090831
>
I've been listening to KNX from LA all morning to keep up with the Mount
Wilson fires, and they're reporting that the bankruptcy is specific to
the OC Register, which is apparently under its own corporate umbrella
separate from Freedom.
s
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