Monday, March 23, 2009

We asked what happens when a town loses it's newspaper; here's an answer

Los Angeles Times reports on a Colorado community that lost its local paper, and just decided to publish one itself. My prediction is that this is going to happen more and more. Publishing a newspaper doesn't take the huge initial investment it did in the past with computer publishing software easy to use and inexpensive. The key is not building up a huge debt. It's debt service that's killing newspapers these days, along with overexpansion by clueless corporate ownership. Anyway, this is an interesting story.

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