Amazing numbers here: McLatchy did one of the worst media business deals of all time in 2006, borrowing $4.5 billion to buy another local newspaper chain. Since then it has cut 82% of its staff; print circulation is down 59%, ad revenue down 80% https://t.co/yaxHN5AXl4 pic.twitter.com/CvIauwehW8

— Tom Gara (@tomgara) July 12, 2020