Posted on 02/21/2009 4:28:40 PM PST by Jet Jaguar
The Journal Register Co. has filed for bankruptcy protection from its creditors and says slumping advertising revenue and circulation are to blame. In court documents filed Saturday in U.S. Bankruptcy Court in Manhattan, company Chairman and Chief Executive James W. Hall says the recession has placed an even greater burden on an already distressed industry.
The Yardley, Pa.-based publisher says it had assets of $596 million as of Nov. 30 and $692 million in debt, including unpaid interest.
(Excerpt) Read more at breitbart.com ...
Such sad news....I will say a little prayer tonight the the New York Times is next in line.
I wonder when obammy will start bailing them out? Or will the libtard messiah prefer just a few news outlets left? Easier to control/takeover....
Their presence is large in Connecticut. Only the Hartford Courant has more clout.
Here is a list of their properties:
Connecticut Papers
Daily and Sunday newspapers
1. New Haven Register
New Haven, CT
Circulation - Daily: 70,007
Sunday: 80,739
2. The Middletown Press
Middletown, CT
Circulation - Daily: 6,509
5. The Register Citizen
Torrington, CT
Circulation - Daily: 7,604
Sunday: 6,868
Magazines
Connecticut Magazine
Circulation - Monthly: 87,187
Connecticut Home & Garden
Circulation - Monthly: 50,883
The Connecticut Bride
Circulation - Semi-annually: 25,795
Weekly and Other newspapers
1. El Registro
New Haven, CT
Circulation - Weekly: 29,884
8. Imprint Newspapers
Circulation - Weekly: 2,813
9. Housatonic Publications
Circulation - Weekly: 3,471
10. Minuteman Newspapers
Fairfield/Westport, CT
Circulation - Weekly: 38,000
11. Foothills Trader
Circulation - Weekly: 60,200
15. Litchfield County Times
Litchfield, CT
Circulation - Weekly: 5,135
16. Thomaston Express
Thomaston, CT
Circulation - Weekly: 1,509
Philadelphia Cluster Publications
Daily and Sunday newspapers
1. Daily Local News
West Chester, PA
Circulation - Daily: 25,686
Sunday: 24,795
2. The Daily Times
Primos, PA
Circulation - Daily: 42,879
Sunday: 37,889
3. The Mercury
Pottstown, PA
Circulation - Daily: 21,186
Sunday: 22,809
4. The Times Herald
Norristown, PA
Circulation - Daily: 13,823
Sunday: 24,225
5. The Trentonian
Trenton, NJ
Circulation - Daily: 39,449
Sunday: 26,496
8. The Reporter
Lansdale, PA
Circulation - Daily: 13,312
6. The Phoenix
Phoenixville, PA
Circulation - Daily: 2,566
Magazines
Art Matters
Fort Washington, PA
Circulation - Monthly: 12,000
Bucks Co. Town & Country Living
Fort Washington, PA
Circulation - Quarterly: 22,000
Chester Co. Town & Country Living
Fort Washington, PA
Circulation - Quarterly: 20,000
Montgomery Co. Town & Country Living
Fort Washington, PA
Circulation - Quarterly: 20,000
Parents Express
Fort Washington, PA
Circulation - Monthly: 65,000
Chester County Kids
West Chester, PA
Circulation - Monthly: 18,000
Weekly and Other newspapers
10. News Of Delaware County
Havertown, PA
Circulation - Weekly: 9,978
13. Town Talk
Ridley, PA
Circulation - Weekly: 78,300
5. El Latino Expreso
Trenton, NJ
Circulation - Weekly: 14,300
6. Tri County Record
Phoenixville/Morgantown, PA
Circulation - Semi-Weekly: 20,100
7. Main Line Times
Ardmore, PA
Circulation - Weekly: 7,256
7. Main Line Suburban Life
Ardmore, PA
Circulation - Weekly: 2,880
9. Main Line Media News
Ardmore, PA
Circulation - Weekly: 29,574
14. Intercounty Newspapers
Circulation - Weekly: 73,102
15. Chesapeake Publishing
Circulation - Weekly: 93,201
16. Montgomery Publishing
Fort Washington, PA
Circulation - Weekly: 42,171 Monthly: 199,000
17. Press Newspapers
Springfield, PA
Circulation - Weekly: 36,880
18. Berks-Mont Newspapers
Boyertown, PA
Circulation - Weekly: 37,887
Michigan Cluster Publications
Daily and Sunday newspapers
1. Oakland Press
Oakland County, MI
Circulation - Daily: 66,422
Sunday: 76,937
2. Macomb Daily
Mount Clemens, MI
Circulation - Daily: 48,741
Sunday: 59,863
3. Daily Tribune
Royal Oak, MI
Circulation - Daily: 9,396
Sunday: 10,339
9. Morning Sun
Mount Pleasant, MI
Circulation - Daily: 9,596
Sunday: 10,865
4. Advisor & Source
Shelby Twp., MI
Circulation - Sunday: 161,738
6. News-Herald
Southgate, MI
Circulation - Thrice-Weekly: 40,040
Weekly and Other newspapers
5. Voice Newspapers
Circulation - Weekly: 70,580
6. Heritage Newspapers
Circulation - Weekly: 19,924
Other: 241,117
7. Heritage West Group
Circulation - Weekly: 12,533
8. Lapeer Group
Circulation - Weekly: 108,541
10. Morning Star Network
Circulation - Weekly: 426,508
11. Suburban Lifestyles Newspapers
Rochester Hills, MI
Circulation - Other: 177,479
Capital-Saratoga (NY) Cluster Publications
Daily and Sunday newspapers
1. The Record
Troy, NY
Circulation - Daily: 12,306
Sunday: 13,107
2. The Saratogian
Saratoga Springs, NY
Circulation - Daily: 8,883
Sunday: 9,623
4. The Oneida Daily Dispatch
Oneida, NY
Circulation - Daily: 6,193
Weekly and Other newspapers
3. Community News
Clifton Park, NY
Circulation - Weekly: 30,048
5. Oneida Chittenango Pennysavers
Circulation - Weekly: 23,085
Mid Hudson (NY) Cluster Publications
Daily and Sunday newspapers
1. Daily Freeman
Kingston, NY
Circulation - Daily: 17,238
Sunday: 21,152
Weekly and Other newspapers
1. Las Noticias
Kingston, NY
Circulation - Weekly: 4,450
Ohio Cluster Publications
Daily and Sunday newspapers
1. The News Herald
Lake County (Willoughby), OH
Circulation - Daily: 36,461
Sunday: 42,629
2. The Morning Journal
Lorain, OH
Circulation - Daily: 24,091
Sunday: 25,904
Weekly and Other newspapers
2. El Latino Expreso
Lorain, OH
Circulation - Weekly: 8,322
Totalitarians need a state organ...
Great news!!
Pennsylvania company goes bankrupt.
Shut down talk radio and prop up the liberal press will be the long range plan IMO. With the damage that Hussein will do to businesses with his corporate tax gouging and carbon tax scam who will advertise in these rags? They'll have to be propped up or they'll die out.
Another one bites the dust....
Obama is about to lose a few layers of teflon!
WHOHOO!!!
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