Media firms restructuring

摘要

In the past four weeks, four prominent U.S. trade publishers-Ad-vanstar Communications, ALM Media, Cygnus Business Media and Questex Media Group-have either restructured or have been operating under bankruptcy protection. And more restructurings and bankruptcies are likely on the way, industry watchers say.rn"Look at any company that has been bought during the last three to four years," said one industry observer who spoke on condition of anonymity. "They're all going to do it: restructure or bankruptcy."