"It would be overstating it to say [it] forced the sale, but it certainly encouraged it," a former owner of the Chicago Reader tells Michael Miner. The suit in question was filed by co-founder and 19.1 percent stockholder Tom Rehwaldt against the remaining owners, and it charged that they had "taken steps to depress the value of the stock" in anticipation of a sale or merger for less than fair value, all with the purpose of pushing Rehwaldt out of the ownership picture, a charge one former owner called "completely bogus." This lawsuit, filed in December 2006, was the second that Rehwaldt filed against the other owners -- a 1988 suit came after he was fired from his position as operations director and alleged oppression, waste, and mismanagement. It was settled in 1991. "It was one of the things that made the future look bleak," a former owner says of the lawsuit. "At a time when we were supposed to be turning the company around, we'd be spending our money on legal fees. ... The sale was one of the things that would make it all go away and get [Rehwaldt] out of our lives forever."
"We'll be excited if people just read it," Mark Oppenheimer says about the debut issue of The New Haven Review of Books. The publication's 300 copies are available only at a local bookstore, given away free with a purchase, but all of the contents are also available free online, Business New Haven reports. Oppenheimer leans on Connecticut alt-weekly colleagues in the inaugural issue: it features work by former Advocate scribe Paul Bass and Fairfield County Weekly editor Tom Gogola. "We have no funding, which is by design," Oppenheimer says, noting that he's currently looking for a sponsor to cover the printing costs of a next issue. "I wanted to do something that was very independent, very do-it-yourself."
On the Dilbert blog, Scott Adams has been suggesting ways that Scott Meyer's comic "Basic Instructions" might be made ripe for daily-newspaper syndication, Seattle Weekly reports. The strip currently runs only in the Weekly and on Meyer's website. The readers of Adam's blog have been serving as the focus group as Meyer has tried the various tweaks proposed. "I'm keeping an open mind and giving a shot to anything he suggests," Meyer tells the Weekly.
"Our early years were fun and full of possibility, but man, were they lean and mean," founding editor Stephanie Barna writes in an editor's note introducing the paper's anniversary issue. "We moved here in the middle of the summer from other cities, confident that we could figure out Charleston fast enough to put out an informed and relevant newspaper," she writes. "We relied on our previous experience in the alt-weekly world to establish a newspaper that reflected the city, not so much the people who put it together."
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