Precisely. I give McClatchy (MNI) no more than three years to stay in business. They’re dead men walking.
So someone like Zell might come over and buy their assets in a fire sale? At some point the whole heap has to come crashing down, though.
I know about the schaudenfreude etc., but deep down this whole process and series of failures is really painful. I used to love to read the newspapers. It’s horrible what the liberals have done to them. I even have letters written by my ggg-grandmother, asking my gg-grandfather what newspaper he read. It’s a terrible shame what they have allowed themselves to become.