Up From The Ashes?

Those shocked (though probably not surprised) by Tribune Co.'s bankruptcy filing might be interested to know this: The Washington Post, as we now know it, was originally purchased by Eugene Meyer in 1933 at a bankruptcy sale. And The New York Times was near bankruptcy when Adolph S. Ochs bought it in 1896.

Of course, all that was before the Internet, craigslist and the subprime mortgage meltdown...

Comments

[Angry Journalist]

If/when a major newspaper implodes, there will be a void with revenue potential, and something will fill it. We refuse to consider what it will be because it's not what we do now. The sooner we start thinking about it, the sooner we have a road map.