The newspaper chain has announced it is working with bankruptcy advisers at investment bank Lazard and law firm Sidley Austin to weigh its financial options as the company says “we haven’t made any decision” yet.

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According to the Wall Street Journal, Tribune Co. is preparing for a possible filing for bankruptcy-court protection as soon as this week, according to people familiar with the matter, in a sign of worsening trouble for the newspaper industry.

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While mainstream media wrings its collective hands over Wall Street’s collapse, retailers and marketers are fixating on reading the entrails of Black Friday and Cyber Monday in an effort to forecast the seasonal results for Main Street and E-Street. Beneath the sound and the fury, the technorati buzz about aggregation.

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Zilok is an online rental marketplace that allows individuals or businesses to rent anything or offer anything for rent.

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Why did Google really pull out of its deal with Yahoo? Because they got a tip that the company had just hours until the Department of Justice was set to file an anti-trust lawsuit to block the deal. This according to Sanford Litvack, the lawyer the Department of Justice hired specifically to examine the deal.

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The SEOmoz blog has an interesting insight about how businesses are reviewing their Web presence in today’s down market. The conclusions are applicable for any interactive media or classified advertising business that is increasingly pressed to justify ROI for their Web operations.

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Trader Classified Media will issued a “final liquidation distribution” to shareholders later this month and then go out of business.

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Colorado law makes libel a criminal offense, as one disgruntled ex found out when he made a scandalous posting on Craigslist. But Texas law allowed a similar bogus MySpace page.

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It’s all still rumors but Alley Insider shares with readers what it’s hearing about a possible successor to Jerry Yang as CEO of Yahoo. 

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A short but funny peek at the “frienemy” relationship between Craigslist and EBay, on FastCompany.com

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You got to hand it to these guys. Craigslist earned almost $4.5 million in recruitment advertising from Oct. 25 to Nov. 25—almost $637,000 of it new revenue, the direct result of adding eight new cities to the list of markets in which it charges per listing. 

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Recruitment blogger Joel Cheesman writes on Cheezhead that there are rumors circulating that Yahoo is interested in buying Monster—or maybe even vice-versa.

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All 10 of Canwest’s major city daily newspapers simultaneously launched redesigned Web sites Monday.

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The U.K.’s Times Online is reporting that Microsoft’s interest in Yahoo is back on the table, but this time only for Yahoo’s search business. The deal is worth up to $20 billion, shakes up Yahoo’s board and puts in place a new management team. But is it true?

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Ted Rogers dies at 75, Paul Godfrey to run The National Post, John Cruickshank new publisher at Toronto Star: changes atop Canadian media companies as the country undergoes a constitutional crisis.

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Currently there are 63 sites, though many are simply shells waiting for someone to fill them in. Some, like Boston and Dallas, have an actual “guide” who puts a human face on the portal and helps get things going.

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A final, graphic look at Q3 data released Nov. 26 by the Newspaper Association of America: U.S. newspapers’ total advertising revenue (print and online) has been falling at an accelerating rate over the last four quarters.

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After getting slammed last year for its “Beacon” advertising program, Facebook is trying again with “Connect,” a similar service but with more user control over privacy concerns. And by pooling user preferences with partner sites, Connect also opens up some intriguing new revenue opportunities. 

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Monster.com and TMP Worldwide founder Andrew J. McKelvey has died at 74 after battling pancreatic cancer.

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Newspaper advertising revenues totaled $8.9 billion in the third quarter of 2008, down 18.1 percent from the same quarter last year, according to figures released Wednesday by the Newspaper Association of America.

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