Chicago Trib files for bankrupty; NY Times reaches out

The state of US newspapers is much more parlous than that of their international brethren. Today, the Chicago Tribune files for bankruptcy, hoping to escape huge debt. Meanwhile, the New York Times reaches out, linking its sites to other media sites, including competitors, in order to compete with media aggregators. Stay tuned.

NY Times, The Financial Post Dec. 8 2008

Chicago Tribune, Associated Press/CTV, Dec. 8 2008

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