Seattle Times still some distance from being out of the financial woods

Crosscut
Bill Richards reports that Seattle Times Co.'s pension plan is $56.2 million in debt, with $122.9 million in assets and $179.1 million in liabilities as of Sept. 30. The paper recently ran an ad stating, "The Seattle Times is here to stay." Richards' reaction: "Perhaps." || Editor & Publisher: NYT had unfunded pension obligations amounting to $300 million as of Jan. 2009, according to a new SEC filing.

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his MediaGossip.com, a hobby site he started in May of 1999.

Comments

Related News

Email IconGroup 3Facebook IconLinkedIn IconsearchGroupTwitter IconGroup 2YouTube Icon