Romenesko

Editor & Publisher
Philadelphia Media Holdings won't confirm or deny Bloomberg's report that the company missed an interest payment on $85 million of loans and is in talks with lenders for relief, but spokesman tells Joe Strupp: "The report was the result of someone breaking a confidence of a conference call that was held the other day between the bankers, our company and financial analysts." The Inquirer and Daily News owner "will express our disappointment."