Great pic by Pat O’Neil.
Tag: Vol. 38 No. 48
Issue of Aug. 20 – 26, 2009
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Crain’s fires a warning shot
There’s a good article in Crain’s Chicago Business this week about the state of the Chicago fashion scene five years after the launch of the Fashion Advisory Council. The verdict? We’re not much closer to being a “global fashion capital” than we were back in 2006.
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The New Regime
Following up on earlier posts that tell the story of today’s bankruptcy court handover of Creative Loafing Inc. — the Reader included — to Atalaya Capital Management… Here are two more members of the new Atalaya-installed CLI management team: Michele Laven, vice president of integrated media at Clear Channel Los Angeles and the former president […]
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Ben Eason on what happens next
Creative Loafing CEO ponders the future following the loss of his company to his main creditor.
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The mark of the Green
The Green Chicago Restaurant Co-op, which I wrote about in January 2008, is set to announce a new initiative called “Guaranteed Green” in which restaurants given the nod by one of two independent environmental-certification organizations get a nifty seal of approval to post in their windows, ostensibly to help Chicago-area diners identify and support local […]
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RIP Radley
After a long couple years of medical issues punctuated by periods of surprising vigor, Radley, the house cat at the Empty Bottle for 16 years, has passed away. Drink knocker-over, stage pisser-on, burger aficionado, and friend to many, he will be missed. A statement from Bottle owner Bruce Finkelman after the jump:
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Battle of the Ugh
Yesterday I watched two terrible music videos—on purpose, though in each case the blogs I found them on warned that they should not be seen by humans—and now I feel like sharing. My sense of propriety demands that I put the videos after the jump, but if you forge ahead, let me know: Which is […]
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Chicago Reader enters Atalaya Era
Creative Loafing loses its last bid in bankruptcy court, and its main creditor takes the reins at the Reader.
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A Post About Posters
If you’re really into poster art you probably already know about Gigposters, the site that lets you show off, comment on, and buy rock posters. My poster-making acquaintances are downright addicted to it. The members of the Chicago Printers Guild are sure into Gigposters. A bunch of them have contributed prints to a group sale […]
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The CTA Could Use Another Stimulus
Last night I was on the 147 north to my hood when an announcement came over the loudspeaker: “This is a clean hybrid bus purchased by the CTA using federal stimulus funds.”
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In case you missed Anna Wintour on Letterman
Anna Wintour seemed pretty game on The Late Show last night. The interview was like a slightly awkward but pleasant enough get-to-know-you lunch.
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Mayor Daley is sorry that we don’t like the parking meter deal
The front page of today’s Sun-Times proclaims that Mayor Daley is set to “take the blame” for the parking meter “fiasco” in a south-side speech tonight. But when you actually read the story inside, which is based on a copy of the speech that was provided to the paper, it turns out that the mayor […]
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Chicago Reader Has New Owners
Bankruptcy Judge Caryl Delano in Tampa ruled this morning that Atalaya Capital Management of New York had outbid the current owners of Creative Loafing Inc. and would take over the company.
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Under New Management*
Atalaya wins. More to follow. Here’s the new management. *FWIW, I’m totally ignorant of bankruptcy law, so I don’t know what would happen in the event of appeal, if one should happen. Update: I’m told that an appeal is impossible, so it’s actually over. Ben Eason “said he’s ready to launch a new Web-only community […]
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“Totally screwed up”
Mayor Daley to admit everything, nothing about the parking meters: “I’ll be the first to admit that we totally screwed up the way it was implemented. I want us to do better — and we will” [snip] “After falling on his sword in the bluntest of terms, the mayor will defend the deal as ‘financially […]