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Santa Barbara News-Press Files For Chapter 7 Bankruptcy And Ends Publication
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deadline.comThe Santa Barbara News-Press, which bills itself as the longest running daily newspaper in Southern California, has ceased publication.
Ampersand Publishing LLC, the entity that owns the paper, filed for Chapter 7 bankruptcy, or liquidation, on Friday, with estimated assets of up to $50,000 and liabilities between $1,000,001 and $10 million, according to court records.
The bankruptcy was approved by the LLC on May 1, with Wendy McCaw, who has owned the paper since 2000, as the authorized agent.
The News-Press went all digital a month ago, and its website currently features no stories since Friday. The Santa Barbara Independent reported that Managing Editor Dave Mason wrote in an email to employees, “I have some bad news.
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