Here's a quick round-up:
- The Tribune Co. is likely to be owned by its lenders, instead of real estate magnate Sam Zell, who bought the company two years ago. This potentially good news, but likely means more changes for the Chicago Tribune, LA Times and other media properties the company owns, including the possible sale e of those properties.
- Philadelphia Newspapers LLC, which owns the Philadelphia Inquirer and Philadelphia News, has filed plan to sell itself to a new group of local investors. This move, too, signals more changes for the two papers.
Of course, his take-home compensation was still $18 million, so need to hold a fundraiser for him. But last year, he took home $30.1 million. Even for the super-rich, that's a big difference.