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Chicago Sun-Times ceases newspaper operations or is acquired?

David Kuan
Submitted by David Kuan09.18.2008
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Comments 1
Betting closes on Feb 21 2009
chicagoSuntimes.jpg
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After an embezzlement scandal by former execs and plummeting ad revenues, the Chicago Sun-Times is bracing for more job cuts, while others are simply defecting.

Amidst stiff competition from online news and blogs, printed newspapers are becoming less and less competitive in today's marketplace.  A major sea change in advertising is underway from newspapers and TV to the Web. 

Predict: Will the Chicago Sun-Times fold, or be acquired, before the end of February, 2009?  For favorable judgement, one of the following criteria must be met:

1) Chicago Sun-Times ceases operation by end of February 2009
2) Announcement of the Chicago Sun-Times being acquired by end of February 2009 

Let the community decide.  Place your bets below.  (Photo credit:  opusbei)

Current Community Consensus 53%
Place your bet

Prediction Statistics
Betting Closes:Feb 21 2009Current Consensus:52.50%Total Bets:19
Today's Change:
0%
Life Time High:54.98%
Life Time Low:40.13%
Price History

Comments

The change is starting. Christian Science Monitor to go online only. http://www.nytimes.com/2008/10/29/business/media/29paper.html?hp
http://www.forbes.com/business/2008/10/28/newspapers-christian-science-m...
http://www.reuters.com/article/domesticNews/idUSTRE49R6OY20081028

Will the trend continue and followed by Chicago Sun Times?

David Kuan
David Kuan Oct 28 2008 | 06:41PM #

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