Chicago Sun-Times Endangered
Newspapers around the country are shutting down due to declining readership, scandals, and acquisitions. The Cincinnati Post goes extinct on January 1, 2008. Can the Chicago Sun-Times be far behind?
Writes Phil Rosenthal:
The company threw its books at the employees. It announced it must slash another $40 million in annual operating costs beyond the $10 million it already expected to save by having the Chicago Tribune handle deliveries and by folding its south suburban Star into the Daily Southtown.
"I think they have to," Sun-Times movie critic Roger Ebert said by e-mail of the cuts. "I have a feeling equivalent cuts may be coming at the Tribune and most other newspapers." Full Article...
More Signs of Trouble:
'Chicago Tribune' Raising Single-Copy Price To 75 Cents From 50 Cents
Sun-Times to cut $50 million, "scale organization"
Sun-Times Media Group To Cut Operating Costs By $50 Million
Failing newspapers are not a blip. They're a trend.
All The News That's Not Fit To Print
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