The owner of The Philadelphia Inquirer and Daily News has missed a June 1 interest payment on $85 million of loans and is in talks with lenders for relief, according to a report released Thursday by a debt ratings agency.Philadelphia Media Holdings LLC did not maintain the necessary senior debt-to-cash flow ratio _ which can happen when cash flow shrinks _ required by its senior lenders, according to Standard and Poor’s Leveraged Commentary and Data unit. read more »


