According to a case management summary (pdf) filed in Creative Loafing's bankruptcy proceedings on Monday, revenues are off at the six-paper alt-weekly chain. Atlanta Magazine's Steve Fennessy reports that when CL was looking for financing to purchase the Chicago Reader and Washington City Paper, it projected the expanded company would see revenues of $43 million in fiscal year 2008. But the court filing says that revenue in FY08, ending June 30, 2008, was $35 million, and predicts that sales in the first quarter of FY09 will be only $3.5 million. In other CL bankruptcy news, Washington City Paper has published a statement from one of the company's lenders, Atalaya, which says the bankruptcy filing was "unfortunate and unnecessary," and assures "all interested parties that Atalaya has no intention of attempting to shut down the business." MORE: City Paper editor Erik Wemple talks to the George Washington University student paper The Hatchet about the changes in store as the paper shifts focus.

Continue ReadingCourt Filings Shed Light on Creative Loafing’s Finances

Former City Newspaper typesetter Gloria La Riva is running for president, the Rochester, N.Y., alt-weekly reports. La Riva, who worked at City in the late 1970s, is on the ballot in 12 states as the Party for Socialism and Liberation candidate. Former San Antonio Current staffer Kat Swift also mounted a presidential run this election cycle, aiming for the Green Party nod. She ultimately endorsed the Green nominee Cynthia McKinney.

Continue ReadingAnother Alt-Weekly Alum Aims for the Oval Office

Gambit publisher Margo DuBos and her husband, political editor Clancy DuBos, will be honored with the Anti-Defamation League's A.I. Botnick "Torch of Liberty Award" at a Dec. 14 dinner in New Orleans. "Under the direction of Margo and Clancy, Gambit has won scores of local, regional and national awards for innovative, incisive and robust journalism," the letter from the ADL reads. "The weekly's editorial positions reflect the ADL's commitment to equal opportunity and opposition to bigotry in any form."

Continue ReadingGambit Weekly Publisher, Editor Receive Anti-Defamation League Award

Travis Lupick was one of five recipients of the Seeing the World through New Eyes fellowship, which was established by the Jack Webster Foundation and the Canadian International Development Agency. He will visit Latin American in early 2009 to experience firsthand reporting from developing countries. The fellowship was open to British Columbia-based journalists 30 years old or younger or in their first five years of journalism, and winners were selected by a jury of professional journalists.

Continue ReadingGeorgia Straight Writer Wins Fellowship