Sam Zell sucks.

The Tribune Co., owner of the Chicago Tribune, LA Times, Chicago Cubs and Baltimore Sun, among others, is filing for bankruptcy protection.

Schadenfreude, thy name is David Simon.

“Out-of-town ownership leads to a contempt for the product and an indifference to the product that Chicago [Tribune Co.] exhibited in Baltimore and in half a dozen other markets. They care not in the slightest whether or not those news organizations are effectively covering those cities. They care about the price per share.”

Tagged: news

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