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Minneapolis Star Tribune Files for Bankruptcy

Posted by tdepp on January 16, 2009

One of the best newspapers in the country in my opinion, the Minneapolis Star Tribune, has filed for bankruptcy protection.

From Mediabistro.com:

Minneapolis Newspaper Files for Bankruptcy (Star Tribune)
The Star Tribune, saddled with high debt and a sharp decline in print advertising, filed a Chapter 11 bankruptcy petition Thursday night. Minnesota’s largest newspaper will try to use bankruptcy to restructure its debt and lower its labor costs.

This is going to be a really bad yearsfor the dead tree folks. 

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