The rest of the economy might be slowly recovering from the great global economic cataclysm, but the death march of daily print journalism continues. Yesterday, theWall Street Journal
---one of the few daily papers that successfully managed the rise of the Internet--reported that Dean Singleton, once a brash corporate raider who gobbled up theLA Daily News
,Long Beach Press-Telegram
and others, is downsizing his ambitions just a tad. Affiliated Media, Inc, the parent company that owns Singleton's MediaNews Group, Inc., plans to file for bankruptcy protection, citing insurmountable debt.
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