NiemanJournalismLab: Implications of newspaper bankruptcy

“Four major newspaper firms have now declared bankruptcy. The rest of the industry is on the ropes – sources of credit or equity funding have virtually dried up; there is basically no market into which to sell publishing assets to raise cash; the ability to maintain quality and to innovate is seriously hampered by continual cost-cutting necessary to maintain positive cash flow and meet debt service obligations,” Martin Langeveld writes on the NiemanJournalismLab.

Here, Langeveld gives a list of what will and won’t happen. What kind of changes will bankruptcies force on newspapers he asks?

Full story at this link…

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