Re: Sad news

[Scott Klement <midrange-l@xxxxxxxxxxxxxxxx>]

Just FYI, this was from a news release issued by Penton corporate, and 
the quote is from Sharon Rowlands, the CEO of Penton:

    "Operationally, nothing will change during this debt restructuring,"
    Ms. Rowlands said.  "We remain committed to serving our customers
    and readers by providing them with the same high quality products
    and services we always have.  In addition, we have taken steps to
    make sure our employees and independent contractors are unaffected
    by the Chapter 11 process.  Employees will continue to be paid and
    receive their benefits without interruption."

The phrase "independent contractors" applies to authors and editors.  So 
everyone in our community should be paid as usual, and the products will 
continue to be published as usual.

You can read the full text by navigating to the following page and 
clicking on the PDF news release at the bottom:
http://www.penton.com/restructuring/

The editorial team for System iNetwork has emphasized to me that it will 
remain "business as usual."


Joe Pluta wrote:
> Penton Media filed bankruptcy.
>
> I'm not sure what exactly this entails for the publications but it's a 
> sad sign of the times, the economy and our industry.
>
> They've always been one of the premier teams of i talent and I wish them 
> the best.
>
> Joe