In Week-old News, I look at the past week’s biggest news involving newspapers and technology related to newspapers.

Morris Publishing files Chapter 11: Morris Publishing Group, the owner of  the Florida Times-Union, Augusta Chronicle and 11 other daily newspapers, mostly in Southern states, said Wednesday it will  file for Chapter 11 bankruptcy within a week.

The plan, approved by many of the company’s creditors, seeks to cut debt of $415 million.

The company wants  a bond exchange that would end up canceling almost $180 million owed to creditors.

Denver Post owner to file Chapter 11:  Affiliated Media Inc. said that it plans to file for Chapter 11 bankruptcy protection in the near future, it said Friday. Affiliated Media is the holding company for MediaNews Group, which owns The Denver Post.

The prepackaged plan has been approved by the company’s creditors.

Company management said operations and employees won’t be affected by the restructuring, although management said business conditions would determine future layoffs.

For more, see Alan Mutter’s blog here.

E&P has new owner: In some good news for the newspaper business, longtime industry chronicler Editor & Publisher was  sold to Irvine, Calif.-based Duncan McIntosh Co. Inc..

Nielsen Co. had shut down web and print operations at E&P in December.

The trade magazine will resume monthly publication in February.

Fly on the News