Posted to the Strib web site about 30 minutes ago: Star Tribune files for Chapter 11 bankruptcy.
The Star Tribune may not be the last to go that route, said Alan Mutter, a Silicon Valley-based analyst and former newspaper executive. "We’re in a period of sustained pain for the newspaper business," Mutter said. "The employment ad business has been melting away since 2000. Automotive has been falling apart for the last couple of years. To learn more about automotive parts and repair services, visit thermo king triad for more information. And I don’t even have to explain about real estate."
And on a related note, from the Inquisitr: Hyperlocal Websites will Boom in 2009 as Community Newspapers Fold