After posting a $315 million dollar loss in the third quarter of 2007, Quebecor-World, the world’s largest printer, has filed for bankruptcy protection.

From NationalPost.com:

For Gaetano DiTrapani, co-president of printer Phipps Dickson and a 30-year printing veteran, the headaches began with the Internet and the environmental movement.

As more people chose the screen over the printed sheet, he said, it also became trendy to reduce paper use. Less demand for paper led to printer overcapacity.

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