net operating loss

Newspapers to Congress: Please Don’t Give Us a Bailout

Peter Kafka in Media on September 24, 2009 at 7:59 am PT

The newspaper bailout proposal you may have heard about over the last few months? The newspapers want no part of it, says an industry spokesman. That said, the industry wouldn’t turn down some help from Congress, says John Sturm, CEO of the Newspaper Association of America. He is testifying before a joint committee this morning.