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The Press

Seattle Newspaper Needs Buyer

Or it will close.

Depressing media news of the day: The Seattle Post-Intelligencer needs a buyer in the next 60 days or it will close or else reduce staff and move its operations to the Internet. The paper’s owner, Hearst, said in a statement, “In no case will Hearst continue to publish the P-I in printed form." Seattle’s other paper, the Times, has cut jobs and has a joint operating agreement with the P-I. "People are kind of depressed,” one editor said. “There's some crying.”

Read it at Associated Press

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