Tribune Bankruptcy: “The notion that the local newspaper will always be there - no matter what - is no more.”
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December 11, 2008 – 6:40 pm
The ongoing migration of ad money to the web played a major role in the Tribune Company’s stunning bankruptcy this week. One commentator observed that once offered a better and much lower cost Internet alternative newspaper advertisers abandon ship. “The notion that the local newspaper will always be there - no matter what - is no more.”
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