A bad omen for Detroit's dailies?(Column)

Crain's Detroit Business,  December, 2006  by Kramer, Mary

Tags: advertisement, Tribune Co.

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Byline: Mary Kramer Daily newspapers across the country are losing subscribers. An iconic media company with a big Detroit history, Knight-Ridder Inc., is out of business, and another big newspaper company, Chicago-based Tribune Co., put itself - or parts of itself - on the block. And millionaires and billionaires are teaming up to try to buy their hometown papers in cities such as Boston and Los Angeles.

They've already done it in Philadelphia. In some places, the rich guys are talking about setting up public trusts to run the papers for, well, the public. And while those ...

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