My press release: Detroit One Year later: the exit from bankruptcy

FOR IMMEDIATE RELEASE
Contact: Aletha Rideout
Founder, Rideout Media Group 810-610-6509 acrideout@fullsail.edu

Detroit Bankruptcy: One year later Detroit, MI, Sunday, December 6, 2015 – The series “Detroit Bankruptcy: One Year
Later” a free community event Wednesday, December 9, 2015, at the Wayne State
Community Arts Auditorium from 5:30pm – 8:00pm.
Presented by WDET with the partners of the Detroit Journalism Cooperative (DJC) to help residents, communities, law
and policymakers understand the continuing and future impacts of the city’s bankruptcy
and recovery. Featuring Governor Rick Snyder, Mayor Mike Duggan and Bankruptcy
Judge Steven Rhodes in a panel discussion about the state of Detroit one year out of
bankruptcy.
On December 10, 2014, the city of Detroit officially exited bankruptcy. It was at the
largest municipal bankruptcy in American history. After nearly 18 months the city is able
to shed $7 billion in debt, restructuring $3 billion and moving some $1.7 billion into
improving city services over a 10-year period.
Mayor Mike Duggan said “Well you know city services certainly are a lot better than
they were a year ago,” he says. Streetlights are being replaced. More buses are running.
Parks are being mowed and maintained. And for a city that is often in need of emergency
responders, “the ambulances are arriving within eight or nine minutes which is the
national standard so we have a lot of things that are a lot better.” Detroit Journalism Cooperative

To focus on community life and the city’s future after bankruptcy, five nonprofit media outlets have
formed The Detroit Journalism Cooperative (DJC). The Center for Michigan’s Bridge Magazine is the
convening partner for the group, which includes Detroit Public Television (DPTV), Michigan
Radio, WDET and New Michigan Media, a partnership of ethnic and minority newspapers.
Funded by the John S. and James L. Knight Foundation, Renaissance Journalism’s Michigan Reporting
Initiative and the Ford Foundation, the DJC partners are reporting about and creating community
engagement opportunities relevant to the city’s bankruptcy, recovery and restructuring.
For more information about Detroit Journalism Cooperative, please visit http://www.detroitjournalismcooperative.com/
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