Source: Seattle P-I to be sold, or closed

[Yo_Mama_Been_Loggin]

By LINDA BYRON / KING 5 News

KING 5 news has learned that Seattle may soon become a one newspaper town.

Like many newspapers across America the Seattle Post-Intelligencer has been struggling to survive.

Now, a source close to the deal tells KING 5 that the paper's owner, Hearst Corporation, will announce as soon as tomorrow that it's putting the P-I up for sale. Under the joint operating agreement between the P-I and The Seattle Times, the P-I must be offered for sale for at least 30 days before it can cease operation.

http://www.nwcn.com/statenews/washington/stories/NW_010809WAB-seattle-pi-for-sale-DS.823d443.html

[uppityperson]

1. Dang, I know both the PI and and Times are having problems.

[progressive_realist]

2. Inevitable, but sad.

I've always thought the P-I was the better of our two papers.

[LisaM]

3. This sends a chill down my spine

I don't want the Seattle Times having a monopoly on our local news. We subscribe to the PI and I've never cared for the Times (actually, I don't really care for either, but that's beside the point).

I'm sick of seeing one brand after another being driven away.

[KT2000]

4. And the Times is surprised?

When they started morning publication they put the nail in the coffin of the PI.
Now we are stuck with the very conservative Times.