Ailing Newspapers: NY Sun Still Needs Cash; McClatchy CEO: ‘Too Early To Judge Knight-Ridder Buy’

A couple dispatches from the world of badly ailing newspaper publishers…

– The New York Sun, the highbrow conservative daily in New York, needs cash now in order to survive. Just a couple of weeks ago, the company published a letter, saying that without fresh capital it would have to fold up shop. In an interview with NYT, editor and publisher Seth Lipsky says: