The Evolving Newsroom

Tribune files for bankruptcy protection

Via nytimes.com: The Tribune Company, the newspaper and television chain that publishes The Los Angeles Times and The Chicago Tribune, filed for bankruptcy protection on Monday. The move came less than a year after Samuel Zell, a Chicago real estate tycoon, took control of the Tribune chain and took on most of the $13 billion debt burden that now threatens to cripple it in the face of a sinking economy and a collapse in advertising.