[lbo-talk] newspaper death watch

Doug Henwood dhenwood at PANIX.COM
Thu Feb 26 11:35:18 PST 2009


NEWS ALERT from The Wall Street Journal

Feb. 26, 2009

Denver's Rocky Mountain News will publish its final edition on Friday, E.W. Scripps said, illustrating the accelerating decline of the newspaper industry. Scripps said it was unable to find a buyer to preserve the 150-year-old daily.

Earlier this week, Hearst Corp. said it may close the San Francisco Chronicle unless it can quickly slash costs. Four newspaper owners have filed for bankruptcy protection since December: Tribune Co., owner of the Chicago Tribune and the Los Angeles Times; the closely held Star Tribune paper in Minneapolis; the parent company of the Philadelphia Inquirer and the Philadelphia Daily News; and New Haven Register owner Journal Register Co.



More information about the lbo-talk mailing list