Tony Boullemier, co-founder of the Northants Post Group, was one of the free newspaper pioneers who shook up the regional press in the 1970s and 1980s.
Here's what he thinks of the current crisis in a posting on Peter Kirwan's Media Money blog on Press Gazette: "The level of corporate greed is appalling. Newspaper groups are simply competing in a macabre race to see how few journos they can get away with to bring out their titles as internet advertising closes its grip on customers.
"The job losses are heartbreaking and the terrible long term consequence of local papers going under will be the lack of accountability for corrupt officialdom and criminals. Perhaps a new generation of journalistic entrepreneurs will step forward with a new 'local' media idea to break the mould and grab readers and advertisers. Oh for a crystal ball."