local news

AOL's fast-growing, hyper-local news company Patch rolled out coupons on its sites last month. So far, the coupons appear to be of the traditional variety, but considering Patch's overall strategy and boots-on-the-local-ground base, I'd bet that it has a Groupon-clone under development.

It's no surprise that smaller newspapers are holding up better in the current media recession, which predates and has been exacerbated by the worldwide economic downturn. Historically, they have had wider margins and have not had to face the same competitive pressures as their urban, regional and...

The Minneapolis Star Tribune, Minnesota's largest newspaper and America's 15th largest, is one step closer to biting the dust. The paper has filed for Chapter 11 in a last-ditch effort to restructure $661 million in debts. This follows an announcement from the Seattle Post-Intelligencer that if the...