DetroitDetroit

Bankruptcy Court To Rule On Journal Register Sale; 844 Michigan Media Jobs In Peril

Jobs At Stake In Huge Newspaper Shakeup
Open Image Modal
By 

On Assignment For HuffPost

|

Michigan's battered print journalism industry is bracing for more potential job losses as the fate of the bankrupt owner of several newspapers awaits a court decision on its sale.

The U.S. Bankruptcy Court for the Southern District of New York is scheduled to decide this week on a deal for Yardley, Pa.-based Journal Register Co. to be sold to 21st CMH Acquisition Co., an affiliate of funds managed by JRC's current owner, New York City-based international hedge fund Alden Global Capital LLC.

Read more on Crain's Detroit Business

Support HuffPost

At HuffPost, we believe that everyone needs high-quality journalism, but we understand that not everyone can afford to pay for expensive news subscriptions. That is why we are committed to providing deeply reported, carefully fact-checked news that is freely accessible to everyone.

Whether you come to HuffPost for updates on the 2024 presidential race, hard-hitting investigations into critical issues facing our country today, or trending stories that make you laugh, we appreciate you. The truth is, news costs money to produce, and we are proud that we have never put our stories behind an expensive paywall.

Would you join us to help keep our stories free for all? Your will go a long way.

Support HuffPost
Suggest a correction
|
Submit a tip