Gannett Blog shuts down

The Gannett Blog, an independent news source which provided inside information about the newspaper company which owns the Springfield News-Leader shut down Friday:

"It has to end sometime," Hopkins said as he continued to update the latest layoff figures from a laptop. "I will leave the site up, but there will be no more new posts on it."

As for Gannett's future, Hopkins does not see it being successful: "The company has too much debt, it can't service the debt and even all of this cost-cutting will not be enough."