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Tribune Co. Files for Chapter 11 Bankruptcy Protection
This December 9, 2008, article describes how "media giant Tribune Co. -- owner of the Los Angeles Times, KTLA-TV Channel 5 and other newspapers and TV stations -- filed ... for bankruptcy protection from creditors," and how the Tribune Co. "is far from being the only troubled media company." Includes discussion of bankruptcy procedures and implications, and a news video clip. From the Los Angeles Times.
http://www.latimes.com/business/la-fi-tribune9-2008dec09,0,5273854.story
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