The Santa Barbara News-Press, once an illustrious and revered publication that was essential to Southern California readers for decades, has filed for bankruptcy and laid off what remains of its current staff. The paper, which began publishing more than 150 years ago, filed for Chapter 7 Bankruptcy last week following years of newsroom turmoil, declining readership and an evolving industry. The bankruptcy filing is a liquidation, not a reorganization, meaning the historic publication has seen its last days.
