Wednesday, January 23, 2008

Sun-Times sells Skyline, Booster and News-Star papers

Well the rumblings were out there for a while with this story the result being that these papers could be shut down permanently or sold. Well this Crain's article soothed those fears if there were any. Then I saw an announcement for these paper's new owners Wednesday Journal Inc, they own this paper called the Austin Weekly News.

Assuming no one stepped forward to make a purchase or anything like that I could easily see this as a good business opportunity. Especially if you believe that the mainstream press might neglect what's going on at the neighborhood level. If there were fears surely someone could step forward to fill a void even if it was a simple blog like the one you're reading right now.

Then again who knows the Sun-Times who seems to want to move on to bigger and better things most likely had no business in the community paper business and should just focus on being a major publication or having several major publications. The Sun-Times Group has been in the news a lot lately that company is struggling so perhaps they needed to get rid of some "deadweight". Either way some community newspapers have been saved from being defunct and lets hope some of the papers that exists in our communities don't take a turn for the worst either.

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