Owner of several Alaska newspapers is in financial crisis

Alaska Public Media

Published November 21, 2008 at 10:52 PM AKST

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The owner of the Juneau Empire, the Homer News and the Penninsula Clarion is in financial trouble. The papers are all owned by Morris Publishing Group in Georgia. One analyst says there’s a greater than a 50% chance Morris will have to default on its debts.John Ryan, KTOO - JuneauDownload Audio