Thursday, April 30, 2009

Update on Newspaper Woes

Here are a few more recent examples of newspapers facing problems:

The Baltimore Sun had to cut its newsroom staff by almost a third because of increasing costs. You can read more about the impact here.

A story in the LA Times mentioned that Independent News & Media, Ireland's major newspaper, is expected to default a $265 million debt after sales fell 11.8 percent because of the decline in circulation. The company is seeking a bailout.

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