ENTERTAINMENT & MEDIA - Los Angeles Times
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ENTERTAINMENT & MEDIA

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From Times Staff and Wire Reports

Daily News Says It Can Operate Through February: The New York Daily News has enough cash to operate through February without the help of a buyer, the paper’s editor told creditors. “The paper will make it well beyond the next six weeks . . . our cash position is good through February,†James Willse told reporters following management’s first meeting with creditors. The 72-year-old paper filed for bankruptcy protection from creditors Dec. 5, the same day Maxwell’s privately held companies, which control the Daily News, filed for bankruptcy in Britain. Representatives of the tabloid and its creditors plan to meet again Jan. 9.

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