International Business News

Journal Register files for bankruptcy protection

The Journal Register Co, publisher of the New Haven (Conn.) Register and other newspapers, filed for Chapter 11 protection Saturday, joining at least two other publishers that turned to bankruptcy court in recent months amid slumping advertising revenue and circulation.
The Yardley, Pa-based company said in a statement posted Saturday on its website that it expects to operate as usual during restructuring and didn't anticipate any interruption in business.
"We intend to emerge from the Chapter 11 process stronger, leaner and more financially viable in the current environment. ... Our business will continue its normal operations and we will publish content as usual throughout this process," Chairman and Chief Executive James W. Hall said in the statement.

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