quick thought... October 22nd, 2006 - 1:22AM

Editor & Publisher: “Proving that local owners are under the same pressure that big newspaper chains face, one of the new owners of The Philadelphia Inquirer and Daily News told employees this morning the papers are set to report one of the worst declines in ad revenue in its history. […] Tierney suggested another cut in the workforce — after the papers bled roughly 17% of each newsroom this time last year — and a restructuring in contracts.”