The wolf at Freedom's door?

And yet, they have 45 job listings on their Web site (mostly either advertising or TV positions, though).

The East Valley Tribune is on their list of newspapers. Weren't they the ones who were going to gut the sports department, getting rid of all the pro beat writers?

Best wishes to all ...

 

left freedom a year ago...lots of friends still there...

best of luck to all of them...

 

Freedom was family-owned until a family feud a few years back. In 2003, the family members that did not want to sell got two private equity companies to buy out the family members that did want to sell.

Now the bills come due. That leaves us with these chilling words from Dean Singleton, whose bid to buy Freedom was rejected in 2003:

"I'll be back in three years, buying the company from Blackstone, for a lot less."

 

The only good thing about that is I don't think Dean could raise the cash to buy it now.

 

Yet. Watch him continue to slash and burn his SoCal properties, then watch the Rocky fold without a bid, followed by massive slash-and-burn at the Denver Post.

Then who knows? Obviously, none of us want to see this. But no way Dean simply sits back and watches ... unfortunately.

 

Who's going to lend anyone the money to buy a newspaper? Bank of America? Citigroup? The private equity funds whose priority one is keeping the Feds away from their books?
Who'd lend Singleton a quarter to buy a copy of a newspaper? That's about all his credit's good for now.
My advice to those employed at U.S. newspapers is to look in the Federal Register for the name of the bankruptcy judges in your district. Because they are going to be the newspaper publishers of the next five years.
Which may not be all bad.

 

This better not fucking affect my severance.

 

Any news on this? I also have (had?) friends at a Freedom shop.

 

Freedom was one of the more pleasurable journalism companies I worked for. Hope my friends are ok.

 

I'm at a Freedom shop here at the East Valley Tribune. Any more news about this?

 

I'm also at a Freedom shop and haven't heard a word.