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Banking crisis might be the last straw for newspapers

Discussion in 'Journalism topics only' started by 2muchcoffeeman, Oct 3, 2008.

  1. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    http://blog.inksniffer.com/2008/09/30/six-months-for-the-us-newspaper-bankruptcies-to-begin.aspx

    Six months until the fire sale begins, he says ... and he's looking at Tribune and McClatchy.

    I'm not certain the six months is the correct time frame overall. I could see other companies tumbling first.
     
    2muchcoffeeman, Oct 3, 2008
    #1
  2. EStreetJoe

    EStreetJoe Well-Known Member

    How come the article doesn't mention JRC? JRC's debt is higher than the value of its stock.
     
    EStreetJoe, Oct 3, 2008
    #2
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