LA Times Editor: Are Newspapers a Viable Business?

"I think big-city newspapers, the way we have known them, are not long for this world, as they're now configured."

-- Los Angeles Times Editor Russ Stanton

Journalists, accountants and bankruptcy experts found accord Thursday on the No. 1 issue facing Tribune Co. as it begins its Chapter 11 bankruptcy adventure: It isn't owner Sam Zell. It isn't the company's huge indebtedness. The question, said Los Angeles Times editor Russ Stanton, is "whether this is a viable business." [Click for MORE]

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