Friday, July 3, 2009

MediaNews denies bankruptcy rumors

MediaNews Group — owner of the Mercury News, Contra Costa Times and several other Bay Area newspapers — is denying a report that the company is preparing to file for bankruptcy. Here's a link to MNG's statement. Here's a link to what brought on the statement. Westword is an alt-weekly in Denver, where MNG is based. Westword is owned by Village Voice Media, same owner as the SF Weekly. The Westword piece refers to a story by Debtwire, which requires a subscription. Debtwire is owned by the Financial Times of London. Hope you got all of that. We will quiz you later.

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