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Media World: Now some newspapers are looking for bailouts

Posted Jan 29th 2009 2:15PM by Jonathan Berr (RSS feed)
Filed under: Newspapers, New York Times'A' (NYT), Media World

Should newspapers be next for government bailouts?

Philadelphia Newspaper Holdings L.L.C., owner of the Philadelphia Inquirer, is looking for a bailout from the state of Pennsylvania. The paper, for which I have done freelance work for in the past, has like other major metropolitan dailies struggled for years with declining advertising and circulation. It has been trimming staff with a vengeance but it has done little good.

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