The Tribune Co., owner of prominent dailies such as The Los Angeles Times and The Chicago Tribune filed for Chapter 11 bankruptcy today reporting $13 billion in debt. Although much of the blame can be placed on the organization's decision to go private last year, how many of you think the internet might have something to do with it?
http://www.google.com/hostednews/ap/article/ALeqM5gNDAWajvnGvxJuuFKhrXzcCGU30QD94URM5G0
Monday, December 8, 2008
Is this the end of the newspaper?
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-- CS Monitor goes "online only", PC Magazine goes online only, various newspapers up for sale...
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