Another Newspaper Goes Bankrupt

cityfile · 03/31/09 11:22AM

• The Chicago Sun-Times filed for bankruptcy protection today. [BN, NYT]
• Nielson is planning to cut 1,600 jobs, or 5% of its workforce. [AdAge]
• NBC is keeping the lights on at Friday Night Lights, after all. [NYT]
• Because it has precious other good news to report as it sits in fourth place, NBC says it saved $2 million last year by "going green." Congrats. [AP]
• MTV has ordered up four more seasons of The Real World. [THR]
• Sad news, soap fans: CBS is thinking about pulling the plug on Guiding Light, the longest-running daytime drama on television. [NYM]
• The MPAA reports global box office revenues were up 5.2% in 2008. [THR]
• Disney's TV unit has inked a distribution deal with YouTube. [NYT]
• How bad is the situation at CNN? "It's gotten so bad that Fox's Bill O'Reilly has actually taken to saying kind things about CNN, possibly out of pity." [MM]