The Chicago Reader
Summary
The Chicago Reader is an American alternative weekly newspaper in Chicago, Illinois, noted for its literary style of journalism and coverage of the arts, particularly film and theater. It was founded in 1971 by a group of friends from Carleton College. In July 2007, the paper and its sibling, Washington City Paper, were sold to Creative Loafing, publisher of alternative weeklies in Atlanta, Georgia; Charlotte, North Carolina; and Tampa and Sarasota, Florida. Creative Loafing filed for bankruptcy in September 2008. In August 2009, the bankruptcy court awarded the company to Creative Loafing's chief creditor, Atalaya Capital Management, for a $5 million bid; Atalaya had loaned Creative Loafing $30 million to pay for most of the purchase price for the Reader and the Washington City Paper.The Reader, as it is commonly known, is dated every Thursday and distributed free on Wednesday and Thursday via street boxes and cooperating retail outlets.
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Columbus’ Other Paper will close later this month
The Other Paper Columbus, Ohio, alt-weekly The Other Paper will close at the end of January. It’s owned by the Dispatch Printing Company, which publishes the Columbus Dispatch, as well as an A&E paper called Alive!.
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SouthComm buys Washington City Paper, Atlanta Creative Loafing
Washington City Paper | Creative Loafing Atlanta SouthComm, Inc. , has agreed to purchase Washington City Paper and Creative Loafing Atlanta. The deal was announced to staff in a meeting this afternoon.
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It’s official: Chicago Reader sold to Sun-Times parent
We would like to inform you of the sale of the Chicago Reader to Wrapports, LLC owner of Sun-Times Media and publisher of the Chicago Sun-Times and more than.
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Sun-Times Parent to Buy Chicago Reader for $3 Million
(Crain's) — Wrapports LLC, the parent of the Chicago Sun-Times, is poised to purchase the Chicago Reader as soon as next week for about $3 million, according to sources familiar with the transaction. The alternative weekly is being so. . .
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Sun-Times ownership of Chicago Reader would be unusual in alt-weekly world
Wrapports LLC, the Chicago Sun-Times’ parent company, may buy the Chicago Reader soon, Lynne Marek reported Wednesday in Crain’s Chicago Business. That would be a seismic change for a newspaper that’s always operated in opposition to the city’s big dailies,… Read more.
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Journatic founder: ‘Being based in the community is not beneficial’
Brian Timpone sounded frustrated by press coverage of Journatic when he commented on a Mathew Ingram post this morning linking to a story that mentioned the Chicago Tribune had tapped his company to operate its TribLocal network.
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Journalists debate value of robots
Wired | The Atlantic Wire | GigaOm Brian Timpone took offense Wednesday at the suggestion that his company Journatic is a content farm. Journatic has, he wrote on a Google+ discussion, “been producing news for media companies for several… Read more.
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Former Chicago Reader ad rep may help destroy Obamacare
Chicago Reader Randy Barnett is a law professor at Georgetown University who, according to a profile in The New York Times, “has helped drive the question of the health care law’s constitutionality from the fringes of academia into the mainstream… Read more.
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Michael Sigman: Newspaper Classifieds: The Good, the Bad and the Hilarious
The Chicago Reader, for decades one of America's most respected and profitable alternative weeklies, is for sale again, its troubles attributed to dramatic declines in classified ad revenues. The proximate cause: free ads offered by such competing web outlets as Craigslist. "Once [classified revenues] dried up," commented Charles Whitaker, a professor at Medill journalism school, "there was just no place else for them to turn.
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Washington City Paper, Sister Papers Cut Pay, Staffing
Washington City Paper publisher Amy Austin announced yesterday changes to staff operations at Creative Loafing, the company that owns the Chicago Reader,City Paper, and Creative Loafing Atlanta. All employees at Creative Loafing's three p. . .
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