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COMMENTS: The Problem is the Papers not the News
The Daily News and the Inquirer in Philadelphia joined the Tribune in Chicago and the Times in Los Angeles on the list of bankrupt newspapers. "When it comes to the newspaper business, if it were not for bad news there would be no news at all," declared CBS' Jeff Greenfield before reassuring us that the classified advertising we used to get in print we can now get on craigslist and that "consumers can now get their news on cellphones or PDAs and from an endless stream of free online Websites." Then the bad news for newspapers: "There is not nearly enough advertising online to keep most newspapers alive."
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