chinese-language daily shutting down

Another ethnic publication shuts down... Word has it, The Ming Pao Daily News, one of four Chinese-language dailies in New York, is set to shut down, possibly as soon as the end of the month: Plan to Close Chinese-Language Paper Deepens a Shadow Over the Ethnic Press.

In recent weeks, two other prominent ethnic newspapers have also ceased printing -- Hoy New York, a Spanish-language daily, and of course, AsianWeek. Both still remain a presence online.

Things are pretty bad everywhere for print media, but until recently, New York's ethnic press industry had apparently remained extremely robust. But I guess the economic slowdown is catching up with everyone.