Article

2009-02-23 Home Front Economy

Philadelphia newspapers' owner files for bankruptcy

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by Steve White 2009-02-23 09:30|| || Front Page|| [2 views ] Top

#1 "Our operations are sound and profitable,"... The financial burden from an advertising downturn, rising costs for newsprint, and the migration of readers to the Internet caused...
Somebody is in denial.

Posted by Darrell 2009-02-23 09:59|| 2009-02-23 09:59|| Front Page Top

#2 The financial burden from an advertising downturn, rising costs for newsprint, . . . . The same conditions have devastated the broadcast industry.

Yeah - cable, televison and radio are getting killed by the newsprint prices.

Posted by GORT 2009-02-23 10:32|| 2009-02-23 10:32|| Front Page Top

#3 There are a great many businesses that went hog-wild into over-leveraging the last 15 years & will go bankrupt & out of business as a result.

Posted by Anguper Hupomosing9418 2009-02-23 11:21|| 2009-02-23 11:21|| Front Page Top

23:58 ed
23:51 ed
23:23 Ming the Merciless
23:14 OldSpook
23:12 OldSpook
23:11 OldSPook
23:05 trailing wife
23:01 JosephMendiola
23:00 JosephMendiola
22:58 JosephMendiola
22:54 trailing wife
22:47 Mullah Richard
22:39 Frank G
22:37 Mullah Richard
22:34 Richard of Oregon
22:32 Mullah Richard
22:25 GolfBravoUSMC
22:23 Frank G
22:20 Richard of Oregon
22:12 Frank G
21:40 Shieldwolf
21:36 Shieldwolf
21:33 Shieldwolf
21:31 Dale