Will Philadelphia become a one newspaper city?

According to the Feb. 25th Philadelphia Daily News, one of the main issues between creditors and management is whether to continue to publish the Daily News in addition to the Inquirer or allow Philadelphia to become a one newspaper city.

According to the article, Brian Tierney, publisher of both newspapers, declared "We've been able to save $75 million in costs in Philadelphia by working with people and treating people with respect... As long as I'm running the place, the Daily News will never be closed and we'll never rescind our contracts."