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End of newspapers not happening here
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The tough news came down Thursday morning: two more major American newspapers were cutting staff and cutting back on print editions: the (New Orleans) Times-Picayune and The Birmingham (Ala.) News. Both papers will move from daily publishing to three times a week -- a decision made decades ago here at the C-I. Both the Times-Picayune and Birmingham News maintain websites but, as we all know, the conversion from print to Web hasn’t been the national success the newspaper industry had hoped it would be. The New Orleans and Birmingham news was countered somewhat by uberinvestor Warren Buffett’s recent decision to purchase all of Media General’s newspapers for $142 million.