The CEO of the Philadelphia Inquirer has revealed how one of the oldest daily newspapers in the US came back from bankruptcy to turn its first profit last year in more than a decade.
The title was bought by its creditors in 2010 after it filed for bankruptcy and was then acquired by businessman Harold Fitzgerald “Gerry” Lenfest in 2015 who placed it into the hands of the non-profit Lenfest Institute for Journalism.
Earlier this year The Inquirer revealed that 2025 saw it achieve revenue growth for the first time since 2004 and an operating profit of “several millions.”
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