On February 13, 2020, the paper announced that its owner, The McClatchy Company, had declared bankruptcy. In an article by Kevin G. Hall, McClatchy claimed that bankruptcy was necessary in order to "... shed costs of print legacy and speed shift to digital."
On February 13, 2020, the newspaper's owner, The McClatchy Company, declared bankruptcy. This move was attributed to a need to cut costs associated with print media and accelerate the shift towards digital platforms.