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Philadelphia Newspapers
Reorganization Information

Philadelphia Newspapers, LLC, publisher of The Philadelphia Inquirer and Daily News and other publications, and owner of philly.com, the leading news and information company in the nation’s fourth largest media market, has announced that it is voluntarily restructuring its debt under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Pennsylvania.

The company will continue the normal operations of its newspapers, magazines and online businesses without interruption during the debt-restructuring process.

More information about the company’s reorganization is available at the following links:

PODCASTS
Brian Tierney podcast on the bankruptcy filing - Philadelphia Media Holdings CEO Brian Tierney discusses the company's filing for bankruptcy in an exclusive podcast. Recorded Feb. 23, 2009.