Jim Romenesko points us towards an post from Washington City Paper editor Erik Wemple in which he announces that Creative Loafing, his paper’s parent company, has filed for Chapter 11 bankruptcy protection.
According to Mr. Wemple, it’s really not that big a deal—in fact, it might be a good thing—since, according to Creative Loafing C.E.O., Ben Eason (whom Mr. Wemple paraphrases), the fiing "would allow the six papers in the Creative Loafing portfolio to establish a greater online presence while the company reorganizes its operations."
Mr. Wemple goes on to quote Mr. Eason as saying:
In August, Mr. Wemple told DCist’s Sommer Mathis:
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