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Morris Publishing Group to file pre-packaged bankruptcy plan : Parent company's restructuring not expected to affect Clarion's day-to-day operations

...newspapers are still profitable, but their profit margins have been squeezed in recent years, said John Morton, a newspaper industry analyst in Silver Springs, Md. "They're not throwing off enough cash to meet their debt obligations," he said...

http://www.peninsulaclarion.com/stories/011410/new_549117149.shtml
Morris Publishing Group to file pre-packaged bankruptcy plan

...newspapers are still profitable, but their profit margins have been squeezed in recent years, said John Morton, a newspaper industry analyst in Silver Springs, Md. "They're not throwing off enough cash to meet their debt obligations," he said...

http://www.peninsulaclarion.com/stories/011310/new_549089256.shtml
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