The Chicago Reader is an American alternative weekly newspaper in Chicago, Illinois, noted for its literary style of journalism and coverage of the arts, particularly film and theater. It was founded in 1971 by a group of friends from Carleton College. In July 2007, the paper and its sibling, Washington City Paper, were sold to Creative Loafing, publisher of alternative weeklies in Atlanta, Georgia; Charlotte, North Carolina; and Tampa and Saraso...
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The Chicago Reader is an American alternative weekly newspaper in Chicago, Illinois, noted for its literary style of journalism and coverage of the arts, particularly film and theater. It was founded in 1971 by a group of friends from Carleton College. In July 2007, the paper and its sibling, Washington City Paper, were sold to Creative Loafing, publisher of alternative weeklies in Atlanta, Georgia; Charlotte, North Carolina; and Tampa and Sarasota, Florida. Creative Loafing filed for bankruptcy in September 2008. In August 2009, the bankruptcy court awarded the company to Creative Loafing's chief creditor, Atalaya Capital Management, for a $5 million bid; Atalaya had loaned Creative Loafing $30 million to pay for most of the purchase price for the Reader and the Washington City Paper.
The Reader, as it is commonly known, is dated every Thursday and distributed free on Wednesday and Thursday via street boxes and cooperating retail outlets. As of March 2009, the paper claimed more than...
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