Crain’s | Hollywood Reporter
The Chicago Tribune — ensnared in a three-year-long bankruptcy case — is doubling and tripling rates for weekday home delivery. Lynne Marek of Crain’s Chicago Business points out the increases come after the Tribune added 40 pages of content per week starting last June. Marek writes:
At the time of the redesign, which added 8% to its printing expenses, the paper downplayed the possibility of a price increase, but told employees that there would be one, even though home-delivery would continue to offer a discount to the newsstand price.
In a statement to Crain’s, the Tribune acknowledged the rate increase but pointed out the new rate is still less than the newsstand price.
Meanwhile, the Tribune plans to ask a judge today to speed up the process for approving a plan to move the company out of bankruptcy, reports Georg Szalai of the Hollywood Reporter. Szalai writes:
Tribune wants the judge hold a hearing to approve voting procedures on Dec. 13, followed by a voting deadline of Jan. 20. If things work out that way, confirmation hearings could happen during the first week of February.
Earlier: A Q&A on the Tribune bankruptcy | Bankruptcy judge OKs bonuses for Tribune managers | Oct. 31 ruling could benefit Sam Zell | Tribune launches “enhanced” paper
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