Last Updated Dec 8, 2008 12:23 PM EST
According to Reuters:
- Publisher and broadcaster Tribune Co has hired investment bank Lazard to look at a possible bankruptcy filing even as it continues talks with lenders to renegotiate its debt.
- The privately held publisher of the Los Angeles Times, which took on about $13 billion of debt when it went private last year under a deal led by real estate mogul , has also hired a legal counsel for a possible trip through bankruptcy court. and
Everyone seems to be offering their two cents about what can and should be done to save print journalism. If you could step in as the CEO, what would you do to save your local metropolitan newspaper?