3. Philadelphia Daily News
Philadelphia Daily News
Circulation: 97,694 (9% decrease since 2007)
Parent Company: Philadelphia Media Holdings LLC
Parent Co.'s Revenue in 2008: N/A (privately held)
Parent Co.'s Current Stock Price: N/A (privately held)
The parent company, Philadelphia Newspapers LLC, just filed for bankruptcy protection on Sunday. And as the smaller and less prestigious of the two Philly papers, the Daily News might be facing the axe if the current economic downturn persists. This follows the trend of disappearing two-newspaper towns, with the smaller paper always the one to get the death sentence.