Since Grayson isn’t around anymore to post some disjointed blather about “new media,” I guess it’s left to me to post this story. Minus the blather.
Triple Crown Media Inc., which owns daily and weekly newspapers in Georgia, on Monday became at least the 11th newspaper publisher to seek bankruptcy protection over the past year.
In a prepackaged Chapter 11 filing in U.S. Bankruptcy Court in Wilmington, the Lexington, Ky.-based company listed assets of about $33 million and liabilities of about $86 million.
Triple Crown, which operates six daily Georgia newspapers and one weekly with a total daily circulation of about 95,000, has about 330 employees. It announced early last year that it was cutting its work force by 5 percent because of the economic downturn and increased paper and fuel costs.
The company’s daily newspapers are the Gwinnett Daily Post, The Albany Herald, the Rockdale Citizen, the Newton Citizen, the Clayton News-Daily and the Henry Daily Herald. It also published the Jackson Progress-Argus weekly.
Bolding is from me, not the AP. More here.
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Ms. Graysons’ ‘disjointed blather’ concurred with the trend toward a diminished hard copy paradigm for news delivery. Does that fact annoy you or were you just annoyed with Ms. Grayson speaking?
She is caucasian and female, if that makes any difference.
SpaceyG is a woman?
That was a predictable, yet still amusing, remark.
I was starting to wonder where Pete’s usual “oppressed white male” angle was going to come from on this one.
Too bad it wasn’t the South Cobb Brightside or the AJC. At least once or twice a week they littered our driveway with “free copies” that would go straight into the recycling bin when we lived in Mableton. We never subscribed to either, and thought it was quite a waste of paper to have to send through the recycling process. I would imagine that since not everyone recycles, a good many of these free copies ended up unread and in the landfill.
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