Media Roundup: Tribune Moves to Bankruptcy, Wikipedia Banned, and More
The New York Times takes out a mortgage -- Feeling the pinch of the economic downtown combined with the prospect of upcoming payments to its lenders, The New York Times has taken out a mortgage on its Manhattan headquarters. The move adds $225 million of capital to the books that will aid in the restructuring of the company. [Source: Silicon Alley Insider]
Chris Matthews to stay on as MSNBC host -- Politico is reporting that Matthews, long rumored to be mulling over a run for a Pennsylvania United States Senate seat in 2010, just signed a contract extension with MSNBC. [Source: Politico]
Tribune Company mulls bankruptcy -- The Tribune Company, owner of the Chicago Tribune among many other media outlets, is indicating that it will file for bankruptcy. Tribune Co., a year and a half removed from being purchased by real-estate mogul Sam Zell, has explored renegotiating its terms with lenders and may even sell some of its holdings, including its stake in the Chicago Cubs. [Source: Editor & Publisher]
Some British ISPs are filtering Wikipedia -- The Internet Watch Foundation has placed a single Wikipedia page on its "banned list" leading some of the UK's largest Internet Service Providers to block the entry. The page in question features an album cover from a 70's heavy metal band that depicted a naked child covered only by cracked glass. The banning has led to protests from the online encyclopedia's governing body. [Source: BBC]