• Eight percent wage cut effects STMG employees.

• STMG will still lose $1.28 M per month

• The first move by Tyree has been to put a gun to employees head

• It's a close call, work for the STMG or unemployment

• What Tyree needs to change to save the company

The Windy Citizen posted some additional...more

James C Tyree and a group of other local investors have entered into an agreement to purchase the Chicago Sun-Times and the 58 newspapers and other properties owned by the Sun-Times Media Group the newspaper holding company announced this afternoon. Tyree bid $5 million and agreed to assume $22 million in liabilities and an estimated $16 million in post petition assumed liabilities.

The chain is asking the US Bankruptcy Court for the District of Delaware approval...more

Michael,

I'm writing today about your column on the aggregation scandal at the Hartford Courant.

Would it be impolite to note that the issue of aggregation and non-attribution at the Courant was noted by Romenesko in the last few days, with links to the Courant here: Courant Reviews Aggregation Policy and also here: Courant Apologizes For Plagiarism?

Also, that it was covered...more

First, Peter Sachs piece on Chicago State University's receipt of funding for a new West Side Campus and that story's rewrite being published by the Chicago Tribune is now up to 55 votes at Windy Citizen. There is a long discussion there of the old ethics of the news room, where using a competitors story to write your own version is accepted and the new ethics of the on-line world, where it is called theft.

A few months ago Michael Oneal wrote a piece that forecast that Sam Zell might lose control of the Tribune Co. Earlier this week the Chicago Sun-Times reiterated the piece. Now the New York Post has joined in too. All three of the newspaper articles are sourcing from an unknown person or persons, though the Sun-Times and the Post explain the interest of the anonymous party in the bankruptcy.

Editor & Publisher has...more