Speaking as someone who works in the paper business in the Madison area - It's a shame and not totally unexpected. The Cap. Times have been battling major circulation issues for years (most of it due to them being an afternoon paper). Since they're part of a partnership with the State Journal, they were weighing down the State Journal. Also, they are for lack of a better term, a niche newspaper. So few people read daily papers now, that you had to wonder how long a niche publication like that could keep going, even in a community that's geared towards that niche. I'm kind of saddened by it, I love how Madison supported two daily newspapers (unheard of for a small city nowadays). I also loved how you could read an editorial in the State Journal in the morning endorsing something, and then in the afternoon the Cap Times would endorse the opposite. The Editor, Dave Zweifel, is stepping down and he's lived that paper for the past 30-40 years. It's sad to see that happen.