When McClatchy declared bankruptcy in February, its debts were crushing, but its operating numbers weren’t so bad. But the coronavirus ripped away more than a quarter of its revenue in just a few weeks.
Gawker Media has filed for bankruptcy, saying it cannot pay the $140 million awarded to Hulk Hogan in a lawsuit funded by Peter Thiel. The company is putting itself up for sale, with an offer already in from Ziff Davis.
Instead of a wave of consolidation, the former newspaper publisher argues, JRC’s bankruptcy could be a way for the newspaper industry’s biggest outside investor to continue to exit it. Martin Langeveld
JRC’s second bankruptcy in barely three years will be give it as close to a clean start as any newspaper company has gotten. Now, all John Paton has to do is deliver. Joshua Benton
Doctor, Ken. "The Newsonomics of reborn newspaper profit." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 3 May. 2010. Web. 24 Jul. 2024.
APA
Doctor, K. (2010, May. 3). The Newsonomics of reborn newspaper profit. Nieman Journalism Lab. Retrieved July 24, 2024, from https://www.niemanlab.org/2010/05/the-newsonomics-of-reborn-newspaper-profit/
Chicago
Doctor, Ken. "The Newsonomics of reborn newspaper profit." Nieman Journalism Lab. Last modified May 3, 2010. Accessed July 24, 2024. https://www.niemanlab.org/2010/05/the-newsonomics-of-reborn-newspaper-profit/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2010/05/the-newsonomics-of-reborn-newspaper-profit/
| title = The Newsonomics of reborn newspaper profit
| last = Doctor
| first = Ken
| work = [[Nieman Journalism Lab]]
| date = 3 May 2010
| accessdate = 24 July 2024
| ref = {{harvid|Doctor|2010}}
}}
