Hundreds of journalists from around the world will convene at the St. Louis Union Station Marriott Feb. 23-26 to share strategies and discuss the latest trends in data journalism during Investigative Reporters & Editors’ annual Computer-Assisted Reporting Conference.
NEW YORK – The Associated Press Board of Directors announced today that Mary Junck, chairman and CEO of Lee Enterprises, Inc., will become its new chairman.
Junck succeeds William Dean Singleton, chairman of MediaNews Group Inc., who has completed a five-year term as chairman of the AP board, which oversees the not-for-profit cooperative of U.S. newspapers and broadcasters. She will take over after the Associated Press annual meeting, in April.
Pulitzer Notes agreement enables implementation of debt restructuring throughvoluntary prepackaged Chapter 11 filing, preserving 87 percent of interests of stockholders and all interests of creditors and other business partners. Here is the press release from Lee.
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> DAVENPORT, Iowa (December 2, 2011) — Lee Enterprises, Incorporated (NYSE: LEE), a leading print and digital provider of local news, information and advertising in 52 markets, has reached a key agreement necessary to proceed with a comprehensive refinancing of its debt.
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> The agreement will extend Lee’s Pulitzer Notes debt maturity to December 2015 and enable implementation of the overall refinancing plan announced in September.
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> This is welcome news for all who have a stake in Lee,” said Mary Junck, chairman and chief executive officer. “We have achieved agreements with an overwhelming majority of our creditors on reasonable terms that preserve stockholders’ interests in the company with only 13% dilution. As we previously noted as a possibility, implementation will require a favorable, voluntary, prepackaged Chapter 11 process to bind the remaining minority of non-consenting lenders to the terms. While such a filing falls under bankruptcy laws, it differs significantly from most such filings because it preserves interests of our current stockholders and all other parties. In our case, the process will simply provide a favorable legal framework for implementing the pre-negotiated refinancing on an expedited basis while business continues as usual with no impact on employees, vendors and customers. The refinancing, combined with our strong cash flow, will keep Lee on solid financial footing as we continue reshaping our company for long-term success by expanding our digital platforms, building audiences, driving sales and deleveraging to improve our balance sheet.”
The following people were named to the St. Louis Media Hall of Fame in the radio category. The ceremony will be June 8 at Gio’s Ristorante and Bar. Doug Eason, after working as a broadcast specialist for the Armed Forces Radio and Television Service, made his mark in commercial radio in a career that spanned…
The following were named to the print portion of the St. Louis Media Hall of Fame to be held at Gio’s Ristorante and Bar June 8 in St. Louis. Linda Eardley showed up for her first day of work at the Post-Dispatch in 1969 to se e row after row of white men typing, smoking…