McClatchy newspaper chain files for bankruptcy


About it more tough times for the newspaper business the publisher the Miami Herald the Kansas city star and dozens of other big newspapers across the country now filing for bankruptcy today McClatchy company big name in the newspaper business says it will continue to run normally as a pursues approval of its restructuring plan under chapter eleven bankruptcy protection it's thirty local news rooms are operating as usual they've been decimated recently as far as a staffing is concerned we're glad she expects fourth quarter revenues down about fourteen percent compared to a year

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