Friday, January 16, 2009

Another bankruptcy

The Minneapolis Star-Tribune has joined the list of papers in big financial trouble. The paper announced that is has filed for Chapter 11 bankruptcy protection. The Tribune Co., which owns the LA Times and Baltimore Sun, among others, has already filed.

Also, the Seattle Post-Intelligencer joins the Rocky Mountain News and the Miami Herald as newspapers for sale. The Intelligencer is owned by Heart and the company says it will quit printing in 60 days if there is no buyer.

Looks like Seattle is about to become a one-newspaper town.

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