Posted AT 10:30 PM EDT on 08/07/08
Extra, extra, read all about it – or, sadly, not
Bankruptcies are coming.
Newspapers routinely cover the financial troubles of airlines, car makers and sporting-goods stores. What they don't often cover is the bankruptcies of newspapers. That's because newspapers rarely go bankrupt.
That's about to change. Across the United States, newspaper revenues are declining, along with circulation.
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