Newspapers in city and suburbs seek bankruptcy protection

    By: Tom MacDonald

    The owner of Philadelphia’s two biggest newspapers has filed for bankruptcy protection. Philadelphia Newspapers Incorporated is seeking bankruptcy protection in an effort to restructure its $390 million debt. WHYY’s Tom MacDonald reports for now it’s business as usual at the Philadelphia Inquirer and Daily News.

    By: Tom MacDonald
    tmacdonald@whyy.org

    The owner of Philadelphia’s two biggest newspapers has filed for bankruptcy protection. Philadelphia Newspapers Incorporated is seeking bankruptcy protection in an effort to restructure its $390 million debt. WHYY’s Tom MacDonald reports for now it’s business as usual at the Philadelphia Inquirer and Daily News.

    [audio: reports20090223newspapers.mp3]

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