MORE RECESSION NEWS…NEW YORK SUN SHUTS DOWN 2DAY?
POST by NVus
I know we here in the MIDWEST could prolly care less about a NEWSPAPER shutting down in NEW YORK but it raises my eyebrows as the country and businesses continue to fall.
A New York Sun editor emailed freelancers to tell them tomorrow will, indeed, see publication of the neoconservative daily’s last issue, as previously rumored. At the start of this month, the newspaper said it was desperately seeking cash. It supposedly raised “a lot” of money in the following two weeks, but then came a brutal Wall Street meltdown that appears to have ended any hope for new benefactors. The Sun editor’s brief email, forwarded by a tipster.
Dear Writers,
In this economic climate, it seems the task of finding additional investors has proved too difficult. The New York Sun, which launched in 2002, will print its final edition on Monday, Sept. 29
VIA GAWKER
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