archives

Wow - this hurts!

Submitted by whiffleball on Wed, 10/08/2008 - 3:47pm.

Sen. McCain: just in case you didn't know, the economy sucks.
To wit: http://www.columbian.com/article/20081008/BIZ01/810089971

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More CBS Radio Layoffs

Submitted by LynnS on Wed, 10/08/2008 - 5:05pm.

Missed this Friday: All Access and PDXRadio say CBS Radio has laid off Jammin' 107.5 PD Lisa Adams along with engineering head Bryan Jones, whose position has been eliminated.

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Columbian Retreats from New Building, May Declare Chapter 11

Submitted by LynnS on Wed, 10/08/2008 - 8:59pm.

The Columbian, reporting on itself, says it's moving out of its swanky new building back into its old downtown location:

The move, according to Columbian Publisher Scott Campbell, is out of the need to generate more revenue from a new six-story building constructed by Campbell and his wife, Jody, which opened south of Esther Short Park in January. The options, Campbell said, are to either lease all of the 118,000-square-foot $30 million structure or to sell it. At present, Columbian newsroom, advertising and circulation operations occupy four of the six floors in the building at 415 W. Sixth St.

But that's not the big news as far as I'm concerned:

In order to make the difficult financial transition, Campbell said the company is trying to negotiate a new loan with its lender or will seek temporary Chapter 11 bankruptcy protection from creditors. Chapter 11 gives a business time to reorganize and return to financial health.

Commenters here have often cited the new building as a source of trouble for the paper; looks like they might be right.

O: Reinhard Taking Early Retirement?

Submitted by LynnS on Wed, 10/08/2008 - 9:19pm.

WWeek is reporting today that Oregonian columnist David Reinhard may be taking the early retirement offer:

But before lefty readers rejoice that the columnist who calls himself “right on the Left Coast” has opined his last, there’s a caveat. Like other O staffers meeting the Oct. 6 buyout deadline, Reinhard has seven days to rescind his decision.

So that's Reinhard, Mitchell...anyone else we know taking the out?

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