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Oakland Tribune Owner MediaNews Group Ranked "Risky Debtor"

Is the Oakland Tribune not far behind the SF Chronicle in lifespan?  If this report by Editor and Publisher is to be believed: 

Moody's Investors Service, the big credit rating agency, on Tuesday launched a new database and quarterly report of companies in the most serious danger of default -- and four newspaper companies are among those on the "Bottom Rung."

Each of the four -- Freedom Communications, GateHouse Media Inc. MediaNews Group Inc. and Morris Publishing Group Inc. -- has a "probability of default" ratings that indicate they are at "substantial risk" of missing repayments if a so-called default event is triggered.

On average there's about a 25% chance a company given those ratings will default within a year, going into bankruptcy or some other remedy.

That means there's a one-quarter chance the Oakland Tribune could stop printing in the near future.  

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