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Jan 28, 2012

Dodgers bids narrowed, suitors told promptly: sources

LOS ANGELES (Reuters) – The broad group of entrepreneurs and sporting figures bidding for the Los Angeles Dodgers has been narrowed and will be notified soon on whether they participate in the auction, according to two sources familiar with the process.

One source said the list has been whittled down and those excused will be notified promptly. Another source said the bidders could hear within the next 24 hours, or possibly as early as this evening.

Jan 22, 2012

The Los Angeles Dodgers’ scramble begins

By Sue Zeidler and Tom Hals

(Reuters) – It’s almost put-up or shut-up time for the high rollers and big talkers circling one of baseball’s most storied franchises.

Monday is the targeted deadline for first-round bids for the Los Angeles Dodgers: the century-old team, the stadium and the related assets that, appropriately enough, helped usher in the modern era of big-business televised sports.

Jan 20, 2012

Kodak bankruptcy dims once bright Hollywood star

LOS ANGELES (Reuters) – Kodak’s star may never shine again in Hollywood.

The bankruptcy of the American icon that invented the handheld camera is reverberating beyond Wall Street and around the world’s entertainment capital. Insiders say Hollywood may be on the verge of scaling back a decades-old symbiotic relationship, and seeking business alternatives.

Jan 15, 2012

Selig confident Dodgers will be sold by April 30

LOS ANGELES (Reuters) – Major League Baseball (MLB) Commissioner Bud Selig said Saturday he was counting on the bankrupt Los Angeles Dodgers to be sold by April 30.

Terms of the settlement between MLB and team owner Frank McCourt filed last month stated that McCourt must sell the Dodgers and the stadium within that time frame.

Jan 15, 2012

Baseball-Selig confident Dodgers will be sold by April 30

LOS ANGELES, Jan 14 (Reuters) – Major League Baseball
(MLB) Commissioner Bud Selig said on Saturday he was counting on
the bankrupt Los Angeles Dodgers to be sold by April 30.

Terms of the settlement between MLB and team owner Frank
McCourt filed last month stated that McCourt must sell the
Dodgers and the stadium within that time frame.

Jan 12, 2012

Troubled Kodak faces UK pension woes

By Caroline Humer and Sue Zeidler

(Reuters) – Eastman Kodak (EK.N: Quote, Profile, Research), an American icon that is struggling to survive, could find that one of its costliest problems hails from overseas.

The bill is coming due for years of generous pensions and other benefits that the photography company promised employees, especially in the UK where it has manufacturing operations dating to the 1800s and still supports thousands of retirees.

Jan 11, 2012

Analysis: Troubled Kodak faces UK pension woes

By Caroline Humer and Sue Zeidler

(Reuters) – Eastman Kodak (EK.N: Quote, Profile, Research, Stock Buzz), an American icon that is struggling to survive, could find that one of its costliest problems hails from overseas.

The bill is coming due for years of generous pensions and other benefits that the photography company promised employees, especially in the UK where it has manufacturing operations dating to the 1800s and still supports thousands of retirees.

Jan 4, 2012

Torre, Caruso join to bid for Dodgers

By Steve Ginsburg and Sue Zeidler

(Reuters) – Baseball veteran Joe Torre is partnering with Los Angeles developer Rick Caruso to bid for the bankrupt Los Angeles Dodgers.

The two join a long list of prospective bidders lining up for the storied baseball franchise. The Dodgers filed for bankruptcy in June after the Major League Baseball commissioner, Bud Selig, rejected a proposed renewal of the team’s broadcast rights with News Corp’s Fox Sports.

Dec 8, 2011

Fox, Dodgers clash in court spat over media rights

/LOS ANGELES (Reuters) – Prospective bidders are piling up for the Los Angeles Dodgers, but Fox Sports argued on Wednesday that the bankrupt team’s owner Frank McCourt is improperly breaking its broadcasting contract in his effort to sell the team.

Terms of a November 2 agreement between the Dodgers and Major League Baseball were sketched out in a court filing on Tuesday, effectively starting the auction for the team and stadium.

Dec 7, 2011

MF Global trustee must prove “disinterestedness”

By Sue Zeidler

(Reuters) – Bankruptcy Judge Martin Glenn said he needs more information from James Giddens, the trustee winding down bankrupt brokerage MF Global (MFGLQ.PK: Quote, Profile, Research, Stock Buzz), to determine if Giddens has a conflict of interest in the case.

Giddens has been accused by some customers of having a conflict because of past work done for JPMorgan Chase & Co (JPM.N: Quote, Profile, Research, Stock Buzz), a key lender to MF Global.

    • About Susan

      "I cover the media sector, focusing mainly on Walt Disney Co and other big entertainment firms and the digital evolution that is currently reshaping that industry. Prior to this assignment, I covered the music industry, energy markets, commodity markets and corporate bonds. Before moving to Los Angeles in 1995, I held positions in the New York bureau and in Pittsburgh, PA."
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