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December 05, 2008

Many of our cities will be missing a newspaper

If you're my age, you're old enough to remember the demise of the two-newspaper city in the U.S., except in its biggest cities.

Coming next? The For more on yesterday's events, demise of the one-newspaper city in a number of places, perhaps.

A number of liberal bloggers have rightly praised McClatchy's news coverage out of D.C. during the Bush Imperium. Well, it's one of the worst-off chains, financially.

Additional factors? Especially due to struggling car dealers, the ad downturn is local as well as national. Real estate's plummet is, of course, definitely a local issue, especially in subprime ground-zero spots. And, the credit crunch makes national advertising lines of credit hard to line up.

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