Both Major Philly Papers Bankrupt
So it's come to this: A city of 1.5 million people, Philadelphia, in which the two major metro dailies are now bankrupt. The city's Inquirer and Daily News filed for restructuring protection Sunday night.
When Tribune Co. went bankrupt, Los Angeles worried about the Los Angeles Times but still had the Orange County Register. The Windy City wrung its hands about the Chicago Tribune but still had the Sun-Times.
What does Philadelphia have? We suppose there's always the Bulletin, a "far right" morning daily distributed mainly in the suburbs, to around 100,000 households. More likely subscribers will hope for the best from the restructuring (presumably Chapter 11, though the New York Times doesn't say) and count their lucky stars they can still get the damned thing on their stoop seven days a week, unlike those poor suckers in Detroit.