In yet another sign that the print news industry is headed toward extinction, the McClatchy Company -- the second-largest local newspaper business in the nation -- has filed for Chapter 11 bankruptcy protection. As part of its announcement on Thursday, the 163-year-old company and owner of such newspapers as the Miami Herald, the Kansas City Star, the Sacramento Bee and 24 other publications in 14 states, stated that its bankruptcy plan would erase 60 percent of its debt while moving the company toward “a digital future.”