Thursday, April 2

NEWS MEDIA update (4#) -

The Herald, The Trib and Creative Loafing . . .

The Chicago Sun-Times has filed for bankruptcy protection, citing the burden of paying Conrad Black's legal fees as one of its financial woes. The company's legal troubles began with embezzlement allegations. [guard]

# Gary Pruitt, CEO of McClatchy (parent company of The Miami Herald), experienced a 40% pay cut to only $1.1 million for 2008.

# Ben Eason can continue to run Creative Loafing, the Tampa FL Alt-Weekly company, under the judge's ruling.

# Tribune's April Fools Day press release.