Photo: #Newspapers are displayed on racks as the Tribune Co., publisher of the Chicago Tribune and Los Angeles Times, sought bankruptcy court protection from creditors December 8, 2008 in Chicago, Illinois. The 161-year-old newspaper and broadcast company was laboring under $12.9 billion in debt, according to today's Chapter 11 filing in U.S. Bankruptcy Court in Wilmington, Delaware. (Photo by Tasos Katopodis/Getty Images)
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Newspapers are displayed on racks as the Tribune Co., publisher of the Chicago Tribune and Los Angeles Times, sought bankruptcy court protection from creditors December 8, 2008 in Chicago, Illinois. The 161-year-old newspaper and broadcast company was laboring under $12.9 billion in debt, according to today's Chapter 11 filing in U.S. Bankruptcy Court in Wilmington, Delaware. (Photo by Tasos Katopodis/Getty Images) (Tasos Katopodis/Getty Images)

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Newspapers' red ink

Broadcast: Midday, 12/11/2008, 11:00 a.m.

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The Tribune Company, owner of the Los Angeles Times, Chicago Tribune, Baltimore Sun and other dailies has become the first major newspaper publisher has file bankruptcy. Are others to follow?

Professor Jane Kirtley, director of the University of Minnesota's Silha Center for the study of media ethics and law, discusses the future of newspapers and other media.

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  • Jane Kirtley: Director of the University of Minnesota's Silha Center for the study of media ethics and law

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