The Seattle Post-Intelligencer is the latest major newspaper to face the prospect of going out of business:
Hearst Corp. put Seattle’s oldest newspaper, the Seattle Post-Intelligencer, up for sale Friday, saying that if it can’t find a buyer in the next 60 days, the paper will close or continue to exist only on the Internet.
“These options include a move to a digital only operation with a greatly reduced staff, or a complete shutdown of all operations,” Hearst, the P-I’s parent company, said in a statement. “In no case will Hearst continue to publish the P-I in printed form following the conclusion of this process.”
Maybe a conservative group could buy the paper and continue to operate it. It would be interesting to see whether a metropolitan daily newspaper would fare any better if cleansed of liberal bias.
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