Another one bites the
dust
Tuesday, Mar 31 2009 | Author and
categories:
Justin Hall
| media(tion)
According
to CNN, the company that owns the Chicago Sun-Times
and 58 other newspapers and online sites said Tuesday
it had filed for Chapter 11 bankruptcy.
The Sun-Times Media Group, Inc. said it would
continue to operate its newspapers and Web sites as
usual while it improves its cost structure and
stabilizes operations. Tuesday’s
announcement comes amid a raft of newspaper closings
and cuts that has seen the end of The Rocky Mountain
News in Denver, Colorado; The Seattle
Post-Intelligencer, and The Christian Science
Monitor.
Cue music. Dum, dum, dum, another one
bites the dust.
-posted by Justin