Stop the presses

Notable US newspaper bankruptcies

May 22, 2016

Sections Public Policy

The internet has created challenges the newspaper industry is still struggling to surmount. Advertising revenue for US newspapers declined every year from 2006 through 2014 (the last year for which data were available), according to the Newspaper Association of America. And the future may not be much brighter: a 2015 PricewaterhouseCoopers report projected further revenue attrition in the global newspaper industry through at least 2019. But even in the context of recent history, few periods have been as bad for newspapers as the 2007-10 financial crisis, whose depths and immediate aftermath saw many of America's biggest newspaper chains file for bankruptcy, underscoring the frail state of the industry in the United States and many other countries.