Newspapers have been selling off real estate for some time now, but a Chicago-based real estate company is finding a business model in these downsizing newspapers. Hilco Real Estate is buying up newspaper headquarters and presses, as well as helping companies dispose of unneeded presses. Despite the fact his company benefits from the downsizing, Hilco’s senior vice president David Kirshenbaum says he’s optimistic about the future of the newspaper industry: “The worst of the shakeout is over. The companies remaining are healthier. They made it through the storm.”
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from American Press Institute http://ift.tt/1S7qfyL
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