Tuesday, December 09, 2008

Tribune Corp files for Chapter 11

They hold the LA Times, Chicago Tribune, Orlando Sentinal, and many others.

At first glance I think I agree with Josh Marshall that this was more of a bad business decision (or, a series of bad management moves combined with an unsustainable expectation of high profit margins) rather than a change in how newspapers are used socially and politically here in the US.

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