Philadelphia Inquirer

6 Stories

Owner Gives Away Both Big Philly Papers

'Daily News,' 'Inquirer' now owned by nonprofit

(Newser) - The owner of the Philadelphia Inquirer, the Philadelphia Daily News, and their website has announced he has donated the news organizations to a newly created nonprofit institute. Philanthropist HF "Gerry" Lenfest said in a statement early Tuesday that he has given $20 million to help endow the Institute for... More »

Sale of Philly's Inquirer Falls Apart

It and the city's Daily News are in limbo

(Newser) - The sale of the Philadelphia's two major newspapers has come to an abrupt halt. Creditors were expected to close today on a $139 million bankruptcy sale of the Inquirer and the Daily News, but the deal fell apart when the Teamsters balked at changing their pension plan, reports Bloomberg . The... More »

If Yanks Win, Thank Kate, Blame Macy's

Omens abound in countdown to Game 5

(Newser) - With the Yankees sitting on a 3-1 lead heading into tonight's World Series Game 5, there's already plenty of credit and blame to go around. Should New York defeat the Phillies, give a cheer for actress and Alex Rodriguez galpal Kate Hudson, David Wells writes for the New York Post.... More »

Philly Inquirer Owner Files for Bankruptcy Protection

Papers will print as normal as company restructures, it claims

(Newser) - The owner of the Philadelphia Inquirer and the Daily News has filed for Chapter 11 bankruptcy protection to restructure as ad revenues plunge, Reuters reports. Company spokesmen insist operations are "sound and profitable," and managers plan to continue publishing regularly. The announcement came a day after the 20-newspaper... More »

All the Space That's Fit to Sell

Newspapers, fighting to stay alive, turn to their landmark buildings in efforts to raise cash

(Newser) - Newspapers, in an effort to bring in cash and stave off extinction, are selling iconic properties in downtown districts, the Journal reports. The latest example is the Philadelphia Inquirer, whose new owner hopes to net $70 million for its Beaux-Arts tower; the Boston Herald and Minneapolis Star Tribune are also... More »

Food Critic Grilled Over Steak Review

Steamed chef may force Philly writer to reveal identity in court

(Newser) - A miffed chef is suing the restaurant critic for the Philadelphia Inquirer after he reviewed a $15 slab of steak as "miserably tough and fatty." But the suit could be even more of a raw deal than expected for writer Craig LaBan, who was ordered to give a... More »

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