Denny Hecker’s Chapter 11: media impacts

The Strib’s Dee DePass, who has been all over the Denny Hecker meltdown, reports that “Hecker is expected to file for Chapter 11 bankruptcy protection for several of his businesses, possibly as soon as today.”

Two thoughts:

1. The local media community must be petrified. Hecker is a huge advertiser, and one of the newspaper diehards. (If you’ve ever been assaulted by one of his Strib home page ads, you know that extends online.)

2. We now know why ex-Hecker rental car exec Mick Anselmo had extra incentive to jump back into radio at WCCO.

[Wisdom-of-crowd hat tips to Ed and Bob.]

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Comments (2)

  1. Submitted by John Olson on 11/13/2008 - 01:09 pm.

    Don’t forget those stunning ads that run on the side of just about every third MCTO bus.

  2. Submitted by Jeff Kline on 11/13/2008 - 02:08 pm.

    Unfortunately boys (and girls), this might be the long winded run out instrumental before the proverbial “fat lady” sings. The melt down is happening and everyone can see it but it sure does look like a tidal wave or a tornado–you see it, you wanna stop it, but you can’t. Try as you might, you can’t. So; in order to lighten my emotional load;…

    The economy is burning. Anyone got any more weenies and marshmallows?? We’re gonna need a lot more weenies. Oh; more sticks too…

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