Collapse of the US newspaper industry: Goodwill, leverage and bankruptcy

Journalism

Volumn 14, Issue 3, 2013, Pages 309-329

  Soloski, John ^a  

^a UNIVERSITY OF GEORGIA   (United States)

Author keywords

Bankruptcy; debt; goodwill; institutional investor; journalism; newspaper companies; newspapers; Z score

Indexed keywords

EID: 84876150689     PISSN: 14648849     EISSN: 17413001     Source Type: Journal    
DOI: 10.1177/1464884912472016     Document Type: Article

References (17)

1. Agarwal V, Taffler RJ. Twenty-five years of the Taffler Z-score model: Does it really have predictive ability?. Accounting and Business Research. 2007 ; 37 (4). 285-300
2. Altman EI. Financial ratios, discriminate analysis and the prediction of corporate bankruptcy. Journal of Finance. 1968 ; 23 (4). 589-609
3. An S, Jin HS, Simons T. Ownership structure of publicly traded newspaper companies and their financial performance. Journal of Media Economics. 2006 ; 19 (2). 119-136
4. Anon (2010) Newspaper companies in bankruptcy: 14. Available at: http://newsonomics.com/newspaper-companies-in-bankruptcy-14/
5. Cranberg G, Bezanson R, Soloski J Taking Stock: Journalism and the Publicly Traded Newspaper Company. Ames: Iowa State University Press ; 2001 :
6. De La MercedMJ (2012) Berkshire bets again on newspapers with media general deal. Available at: http://dealbook.nytimes.com/2012/05/17/berkshire- bets-again-on-newspapers-with-media-general-deal/
7. Dun & Bradstreet (n.d.) Solvency ratios. Available at: http://kbr.dnb.com/help/KBR-Help-0303.htm#Ratios/Solvency-Ratios.htm
8. Ernst & Young (n.d.) Impairment of long-lived assets, goodwill and intangible assets: Media & entertainment. Available at: http://www.ey.com/ Publication/vwLUAssets/Impairment-of-long-lived-assets,-goodwill-and-intangible- assets/$FILE/ME-Impairment%20goodwill%20and%20intangible.pdf
9. Gu F, Lev B. Overpriced shares, ill-advised acquisitions, and goodwill impairment. Accounting Review. 2005 ; 88 (6). 1995-2022
10. HauserC (2012) In bonds, bull market for firms. New York Times, 7March, p. 1B. Available at: http://www.nytimes.com/2012/03/08/business/low-rates- entice-companies-to-borrow.html?pagewanted=all
11. LancaricE (2012) US equity market outlook. Available at: http://www.inginvestment.com/idc/groups/commentary/documents/market-commentary/ 057683.pdf?title=U.S.%20Equity%20Market%20Outlook&sub=Asset%20Allocation/ Market%20Commentary
12. LangeveldM (2011) Alden Global Capital drops a shoe: Is the Journal Register acquisition prelude to more? Available at: http://www.niemanlab.org/ 2011/07/alden-global-capital-drops-a-shoe-is-the-journal-register-acquisition- prelude-to-more-consolidation
13. Mercer ZC, Crow MR, Patton KW. Goodwill valuation under SFAS 142. The CPA Journal. 2002 ;: 23-29
14. MortonJ (2002) Accounting 201. Available at: http://www.ajr.org/article. asp?id=2625
15. Pew Research Center (2012) The state of the news media. Available at: http://stateofthemedia.org/2011/mobile-survey/international-newspaper-economics
16. RoS (2012) Warren Buffett is the one man who makes Goldman Sachs look like a Muppet. Available at: http://articles.businessinsider.com/2012-04-12/ walleet/31326042-1-loans-goldman-sachs-trade
17. RobinsonD (2012) US companies see record-low borrowing costs. Available at: http://www.reuters.com/article/2012/03/01/markets-credit- idUSL2E8DTEWI20120301