Skip to comments.Philadelphia "inquirer" and "Daily News" File Chapter 11 Bankruptcy
Posted on 02/22/2009 9:24:50 PM PST by Intolerant in NJ
Breaking news on Philadelphia local TV - Philadelphia "Inquirer" and "Daily News" are filing for Chapter 11 Bankruptcy - company says papers will continue to publish, filing is to retire debt primarily -
This is a good trend that I hope to see more of. Our Depression is not completely without some positive aspects and it would be a shame to have to endure one without a few of these rays of progress to brighten up the otherwise bleak outlook.
I know it’s not a popular view around here but local newspapers going down isn’t all good. There’s no better source to get local news and no better medium to follow around corrupt local politicos that the national media doesn’t care about.
What you say is true. The media as the “5th estate” is necessary. The Op-Ed took over reporting “Front Page” facts. As soon as they get back to the facts, they get their viability back.
The L.A. Times isn’t too far behind. What a joy when that rag goes. They actually sent me a subscription request a few days ago...I took great pleasure in writing my response and sending it back in their business reply mail.
Agree that there is a need for this level of coverage. The very positive aspect of the Media in the 21st Century is the removal of barriers to entry. The stranglehold of the Established Media is being broken and the voids created by the collapse of the print will be filled with National and Niche players.
I'm not worried about a lack of coverage. In fact I think the new structure will enable more complete and intensive coverage that heretofore was excluded due to these barriers.
Hope I'm right in my assessment.
Doesn’t Philly have an Examiner?? I bet they do.
These papers do a pretty good job of covering local news here in Maryland. I’m in the Baltimore burbs and they even have a section that caters to news in my region.
Search for the Examiner online. If you have it, find out where they have boxes to pick up the paper. They’re FREE.
I can get all the news I want off the internet, but I was actually raised on the Philadelphia Daily News. They did a great job with sports and I was a big Flyers and Sixers fan when I was a kid.
I think these kind of web driven newspapers like the Examiner are going to be the wave of the future if you like your news in print and on paper ~ I STILL DO.
I’m also fortunate to have the Washington Times down my way and can pick them up on the news stands, but who has the time to shuffle through a whole newspaper everyday now.
These left wing dinosaurs have done themselves in. They deserve to be unemployed. Along with the unions, special interests and education system they have transformed this nation into the USSA.
Hang in ther! It won’t be long before that traitor stink rag, the New York Times will finally be putting it’s turncoat yellow belly up in the air! I’ll have a party the day the wrecking balls start knocking that plague rat traitors concrete rat warren down.
We have one local paper in Houston and it doesn't meet your criteria.
Except they cover for their buddies, and local news has been pretty well supplanted by wire reports or joint agreements with local TV stations.
**The media as the 5th estate is necessary.**
The Print press can no longer be the Constitutional Watchdog, as they have become the political LAPDOG.
The Press has lost the ability to tell the difference between Opinion and FACT. With 2 Bankruptcies to prove it.
I call for TALK RADIO to be the People’s Constitutional Watchdog.
This is one story that deserves multiple postings! ;-)
The Examiner in Baltimore stopped publication on Feb 15.
Philadelphia has the Bulletin back for a year or so now. It was a far better paper than the Daily News tabloid. The Inquirer put it out of business because they had more Sunday sales where all the profit was made. The Bulletin had more circulation during the week because it was a better paper, didn't save it from going under like most afternoon papers.
The '5th estate', yes. Too bad today's papers are more a '5th column'.
I'd like to see local newspaper people around the country attempt to publish strictly local papers. There's one near me. They follow sports, city council, school board, crime, entertainment, etc.
This is a tactical victory in a strategic loss...a symptom of American illiteracy and reliance on national soundbytes rather than local news and in-depth analysis.
Some shallow FReepers will just blindly cheer it, though, like clueless passengers of the Titanic who stop and listen to the lovely music from the band. But libs are fine, since the sooner newspapers go down, the quicker media control is tightened by the left.
The Bulletin is great, but their reporting corps couldn't cover if the Inky and DN stopped publishing. Maybe someday... :-)
Companies like Jounal Register Corp. are (were) in that niche, and are dying off. Note that these are often more conservative papers, too.
Because local papers have been so good in rooting out corruption in Philly these past few decades!!
........Theres no better source to get local news .....
That fact while true, is irrelevant. The paper is a business and the cost of providing the local coverage noted exceeds the revenue to purvey it.
That would be fine and dandy IF they actually reported on these corrupt politicians.
But that's where WE come in.
If there is a market for local coverage, other newspapers will emerge. If they are intelligent free-marketers, they will present the news in a more objective manner and will be able to maintain a market.
Getting rid of the DBM, one rag at a time....
“I know its not a popular view around here but local newspapers going down isnt all good.” IMO Borges, it is what it is, the local news is migrating into a different medium, the noozpaper business is not the end all for journalism and if they only manage to survive by being on the taxpayer’s tab...they should be gone. BTW, this is called reality aka market forces aka creative distruction.
The Philadelphia Enquirer? Is that the main lib rag there? Chris Mathews laughingly quipped, when someone cited Philadelphia’s paper is an unbiased news source: “HA!!!! About the only paper more liberal in America is the Baltimore Sun-and that’s saying something!!!”
Dag, I thought that it was just out here in the burbs.
Then again, I don’t know that there are too many in Baltimore city who would readit.
I noticed last year that a lib flavored “free” paper had been placed in competitive markets.
This publication was either out out by the SUN or the City Paper ~ I think? My guess was that it was strategically placed to soak up what little ad revenue the paper had.
They have, for many years been boring and predictable. We already know how and why a story might be written. We already know how the story will end. We know who the victim will be and we know who/what the villain will be. Journalists are rather incurious.
Young people don’t read newspapers. They look for entertainment. In general, their educational experience didn’t include critical-thinking, historical perspective, civic knowledge. And those who are somewhat interested have their commandments down. Left=good, care more, victim, global warming/climate change, coffee latte; right=bad, war, villain, guns, corporations/business, meat. Why bother with something they already know.
Anyway, the next generation is not going to read newspapers local or national. We are the last generation to bother with them and papers are losing what left of us. Too bad. Local papers once were the glue of the community.
Any newspaper that gets funding from the government will be just another leftist newsletter — there will be no difference in content than what we get now.
Good riddance to mouthpieces for leftist liberals! Two more bricks in the Mighty Media Monolith removed!
These papers knew they were cutting their own circulation with their propoganda, but they continued to advance their political views over good business sense. They could have adjusted to present a more even-balanced readership and they didn’t because they wanted to advance their politicalk agenda.
They chose their current situation.
The WaPo turned the tide for Webb down in VA with what amounts to millions of dollars in free ad space on the front of their paper in September and October 06. i don’t feel the least bit sorry for their loss of readership.
Some thing else will come up for those who like their news in newsprint.
The only thing better than the LA Times failing will be when the NY Times does.
Exactly. I may be biased considering I am a newspaper reporter at present, but having them go down is NOT a good thing.
As much as I would like to see liberal papers, center/libertarian or even conservative papers like the one I work for are hurting as well. It is not just liberal papers that are in trouble.
I would not compare the Wash Times to the WaPo.
WaPo is, for better or worse, considered to be the paper of record in DC. The Times, rightly so, is considered to be a conservative paper.
I know many conservatives who read both.
I would guess, based on my discussion with DC libs, that they would never consider picking up the Times.
there is an examiner on line....
Is the Washington Times in serious financial trouble?
Hopefully The Bulletin will roll on forever!
I get crap from the NY Slimes in the mail and I just send back the BRM empty so they have to pay the postage.
Petty, I know, yet satisfying.
Many Americans are turning to The Daily Show for their news.
Forgot the phrase “go down” re: liberal papers. Too early.
What's so bad about our mediaopoly here in Houston? /sarc
They are looking for Fast Eddie to bail them out.
Listen to Chris Freind of the Philadelphia Bulletin:
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