Bankruptcy

Dish dumps its bid for LightSquared

Dish Network’s(s dish) courtroom dance with LightSquared appears to have concluded. Reuters reports that the committee overseeing LightSquared’s bankruptcy auction confirmed Dish…

David Carr on newspapers, Twitter and citizen journalism

Despite all the gloom in the newspaper business, which he says will likely still have to suffer more pain and possible bankruptcies, New York Times media writer David Carr says he believes that thanks to the internet we are living in a “golden age for journalism.”

Deal or die time for LightSquared; Will Dish swoop in?

LightSquared is preparing for a potential bankruptcy filing on Monday as it has made little progress in its negotiations with debtholders. If LightSquared does enter into bankruptcy it might find Dish Network waiting, eager to relieve it of its spectrum.

Can Carl Icahn pick up the pieces of LightSquared?

Carl Icahn has been quietly buying up LightSquared’s debt a rock bottom prices, which would put the activist investor in position to take over the company in the increasingly likely event of bankruptcy. But would there be anything left of LightSquared to salvage?

Another changing of the guard for solar startup Nanosolar

Nanosolar, which has struggled for years to fulfill its promise as the next major thin-film solar manufacturer, announced Thursday it has a new CEO. Eugenia Corrales, who has been the startup’s head of engineering and operations, is taking over the chief executive post effective immediately.

Solar maker Evergreen Solar files for bankruptcy

It’s not a startup, but it’s the latest member of the cleantech graveyard. On Monday, Evergreen Solar filed for Chapter 11 and announced it will be selling its assets, laying off 65 people and suspending operation of its Midland, Mich. filament factory.

The Morning Lowdown 02.17.2011

»  Forbes.com has been penalized by Google (NSDQ: GOOG) for selling links on their website. Specifically, Google said that it was…

Adieu, Modu, We Hardly Knew Ye

Israeli handset maker Modu — which developed the concept of a super-light, super-small smartphones that can be customised with different ou…

The Morning Lowdown 12.13.10

»  A group of some of the largest demand-side platforms — MediaMath, Turn and DataXu — have formed a joint effort called OpenRTB…

The Morning Lowdown 12.08.10

»  Microsoft (NSDQ: MSFT) still has the most popular browser, though it hasn’t gotten that much attention these days what with the…

Jason Hirschhorn Joins New MGM Board

Former MySpace (NSDQ: NWS) co-president Jason Hirschhorn has been named to the new board of Metro-Goldwyn-Mayer Studios, marking another sto…

The Morning Lowdown 11.16.10

»  Tribune Company chairman Sam Zell doesn’t see an operating role for himself after the company emerges from bankruptcy. In recen…

The Morning Lowdown 10.22.10

»  Tribune creditors are asking the company’s bankruptcy court judge for the right to sue Chairman Sam Zell and others who had a r…

The Morning Lowdown 10.06.10

»  David Carr paints a sordid, profane portrait of The Tribune Company under Sam Zell and Randy Michaels that feels like a combina…

The Morning Lowdown 09.24.10

»  Was it Netflix (NSDQ: NFLX) or bad business decisions that busted Blockbuster? (NYSE: BBI) Perhaps it was online video. [NewTee…

The Morning Lowdown 09.22.10

»  As document sharing site Scribd looks for ways to increase revenues from its archives, it admits it may have gone to far in not…

Eisner Downplays His Future Role At Tribune

Michael Eisner, who recently has surfaced as a leading candidate to replace Sam Zell as chairman of Tribune once that company emerges from b…

Metacafe Buys Action Sports Video Site Go211

Entertainment-focused video site Metacafe has made a small acquisition, buying up Action Sports, which is behind action sports community Go2…

The Morning Lowdown 08.27.10

»  Blockbuster (NYSE: BBI) is warning Hollywood movie studios about something they likely expected all along: the company is prepa…

The Morning Lowdown 07.27.10

»  What does it mean that Wikileaks is the world’s first stateless news organization? [Pressthink, CJR]

»  Gawker’s Nic…

E-Reader Maker IRex Files For Bankruptcy

Is the e-reader market about to get less crowded? E-Reader maker IRex Technologies has filed for bankruptcy, citing disappointing sales of i…

A Bankruptcy Scorecard For Newspapers

The four newspaper companies that have exited bankruptcy to date have shed three-quarters of their debt, collectively trimming nearly $2 bil…

Movie Gallery Files For Chapter 11 — Again

Movie Gallery has filed for chapter 11 bankruptcy for the second time in less than three years, citing the “economic and competitive realiti…

Another Directory Publisher Exits Bankruptcy

Big directory publisher R.H. Donnelley has emerged from bankruptcy protection, eight months after filing for Chapter 11. Lots of parallels h…

Idearc Exits Bankruptcy As SuperMedia

Yellow pages publisher Idearc has emerged from bankruptcy protection with a new name, SuperMedia, but a continued belief in the future of it…

Some Canwest Properties File For Bankruptcy

Canadian media giant Canwest has asked a court for bankruptcy protection for some of its flagship holdings, including the National Post news…