In order to clinch its purchase of 40 million customer names from bankrupt Borders, Barnes & Noble (NYSE: BKS) made a series of promises to the court on steps it would take to protect the privacy of those customers. Now a consumer advocate claims the company broke its pledge.

Yesterday’s news that the Borders bookstore chain is going to be sold off—much of it probably at fire-sale prices—means that some of the nation’s biggest publishers are going to be taking a bath, financially. Five publishing houses are owed more than $25 million by the bookstore chain, and many others…

Borders is closing its 399 remaining stores and 11,000 employees are being laid off. In a statement, Borders Group President Mike Edwards said, “We were all working hard towards a different outcome, but the headwinds we have been facing for quite some time, including the rapidly changing book industry, e-reader…

Less then two years after emerging from bankruptcy, the revamped Journal Register Company has been acquired by Alden Global Capital. The hedge fund, increasingly known for its media investments, was an early investor in the “new” Journal Register. Led by John Paton, JRC shifted from cost cutting and a moribund…

Dish Network (NSDQ: DISH) has made a cash bid of $1.375 billion for bankrupt telecom Terrestar Networks, Reuters reports, as it looks to fend off other competitors such as MetroPCS Communications. 

Blockbuster (NYSE: BBI), which filed for bankruptcy in September, is now putting itself up for sale. The video rental chain says in a statement that by selling itself it will be able “to accelerate our Chapter 11 proceedings and move the company forward.”

Some of the stories people are talking about this morning:»  Forbes.com has been penalized by Google (NSDQ: GOOG) for selling links on their website. Specifically, Google said that it was linking to other sites that could be intended to manipulate PageRank. [Search Engine Roundtable] »  What led to Borders’ downfall?…

Dish Network (NSDQ: DISH) (Nasdaq: DISH)  will acquire 100 percent of the equity of DBSD North America, a hybrid satellite and terrestrial TV company, for about $1 billion. DBSD has been going through bankruptcy process and the deal requires the approval of the FCC.

The battle between the Tribune Company and its creditors has taken another strange turn: lenders have filed suit targeting employees who had no direct hand in the $8.2 billion leveraged buyout that paved the way for Chicago real estate mogul Sam Zell’s takeover and subsequent bankruptcy of the publisher. About…

Some of the stories people are talking about this morning:»  A group of some of the largest demand-side platforms—MediaMath, Turn and DataXu—have formed a joint effort called OpenRTB, which is designed to provide a single, seamless platform for bidding on online ad exchanges. [AdAge] »  What brought the 150-year-old Atlantic…

Some of the stories people are talking about this morning:»  Microsoft (NSDQ: MSFT) still has the most popular browser, though it hasn’t gotten that much attention these days what with the all the focus on the new features surrounding Google (NSDQ: GOOG) Chrome. However, the next version of Internet Explorer…

Former MySpace (NSDQ: NWS) co-president Jason Hirschhorn has been named to the new board of Metro-Goldwyn-Mayer Studios, marking another stop on one of the media business’ more unpredictable but interesting career arcs.

Some of the stories people are talking about this morning:»  Tribune Company chairman Sam Zell doesn’t see an operating role for himself after the company emerges from bankruptcy. In recent weeks, Tribune has reorganized its digital department and witnessed the resignations of CEO Randy Michaels and chief innovation officer Lee…

Some of the stories people are talking about this morning:»  Tribune creditors are asking the company’s bankruptcy court judge for the right to sue Chairman Sam Zell and others who had a role in the $11.7 billion buyout of the newspaper publishing company that ended in bankruptcy. [NY Post] » …

Following two weeks of chaos at The Tribune Company, Randy Michaels will step down as CEO by the end of this week, the Chicago Tribune reports. Just a day ago Michaels insisted he would be staying on, after a NYT story co-authored by David Carr said the CEO’s exit was…

The Tribune Co. is expected to notify a bankruptcy court judge today that it has reached a settlement with its major creditors. That should clear the way for the company to emerge from 22 months of bankruptcy, and would mark the end of a two-year stretch that saw nine U.S.…

It looks like Tribune Co.‘s long bankruptcy ordeal may finally be coming to an end. The company, which filed for bankruptcy nearly two years ago, has finally reached a settlement with its major creditors. Under the agreement, Tribune Co. bondholders will receive $420 million once the company emerges from bankruptcy.

Some of the stories people are talking about this morning:»  David Carr paints a sordid, profane portrait of The Tribune Company under Sam Zell and Randy Michaels that feels like a combination of Barbarians At The Gate, The Decline and Fall Of The Roman Empire and Animal House. Tribune remains…

Some of the stories people are talking about this morning:»  Was it Netflix (NSDQ: NFLX) or bad business decisions that busted Blockbuster? (NYSE: BBI) Perhaps it was online video. [NewTeeVee] »  Former Washington Post executive editor Len Downie Jr, is attacking online news aggregators such as The Huffington Post as…