Posts Tagged: reorganization
PG&E trucks on the job. (Photo: PG&E, via Facebook)
Pacific Gas and Electric Company, the largest utility in California, filed for bankruptcy protection on Jan. 29, citing billions of dollars in potential liabilities from the utility giant’s potential role in sparking a series of devastating California wildfires. That means reporter J.D. Morris, who has been covering the issue for the San Francisco Chronicle, is a busy man, indeed.
A web page of the L.A. Times viewed through a magnifying glass. (Photo: Gil C., via Shutterstock)
For the 133-year-old Los Angeles Times and other print news publications adapting to the digital media age, the only thing that’s certain is an uncertain future. That became clearer than ever when the Tribune Company announced last week that on Aug. 4 it will create a new corporation known as the Tribune Publishing Company to take over its eight newspapers, including the L.A. Times and Chicago Tribune.