Media Roundup: Sun-Times Files for Bankruptcy, There is a Wireless Traffic Jam and More.

(MoneyWatch)  Sun-Times files for bankruptcy -- The parent company of the Chicago Sun-Times and 59 Chicago-area newspapers has filed for Chapter 11 bankruptcy. The Sun-Times is the second Chicago-based newspaper company to declare bankruptcy: The Tribune Co. filed late last year. The Sun-Times was spending $5 million in cash a month and posted a $344 million operating loss for 2008. In a twist, after the Internal Revenue Service, the leading creditor owed in the filing is jailed media mogul Conrad Black. [Sources: Wall Street Journal, New York Times]

There is a wireless traffic jam -- At the current rate of data usage, the United States will have too many people attempting to use too much data over too little wireless spectrum. According to a new report commissioned by the wireless industry, the government must act quickly to auction off more wireless frequencies if the mobile computing industry is to continue its rate of growth. The latest auction of the 700 Mhz frequency took over 10 years to come to fruition. Watching a video takes 100 times more bandwidth than a typical phone call, and many in the industry worry that the current spectrum will be unable to handle the rise in smartphone consumption. [Source: Epicenter]

Metro USA drops AP -- The Metro, a free daily newspaper often given out at mass transit stops in urban areas, has ended its relationship with the Associated Press. In years past the Metro has been largely filled with wire stories and syndicated content. However, with layoffs at traditional news outlets, the company has shifted to a strategy of originally producing as much material as possible. Metro will continue to remain an international customer of the AP. [Source: MediaBistro]

USA Today revels dependence on hotel subscriptions -- The nation's largest newspaper announced it has lost 100,000 subscribers solely from the slowdown in travel. USA Today is often given to hotel guests for free, and is counted in the paper's circulation numbers. According to the Audit Bureau of Circulations, hotel subscriptions account for more than half of USA Today's total circulation. President and Publisher Craig Moon also unexpectedly announced he was retiring. [Source: Wall Street Journal]

Disney signs with Hulu and YouTube -- After spending the past few days negotiating, Disney has agreed to place content on Hulu and YouTube. The YouTube deal shares advertising revenue made on ABC and ESPN's channels. YouTube has similar deals with other networks. According to Business Insider, a deal between Hulu and Disney is "basically done" and likely includes a share of equity. [Source: Business Insider, Wall Street Journal]