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Tribune Parent Company Nearing Bankruptcy?

A little over a week ago, I blogged about the state of newspapers and predicted one of the major companies with multiple newspapers would close this year. I didn’t know that it could be the company that owns the Tribune and so soon. McClatchy Newspapers announced layoffs this week and is reporting that if a buyer isn’t found in 30 days, they will file bankruptcy.

I hope that some locals buy it out and turn it into a real local newspaper that can survive in the Internet-era.

Written by Keith Byrd - Go to Keith's Website/Profile