Seattle P-I May Fold

An entirely unrelated pic. I just dig dinosaurs.
And comets. And dinosaurs with that "Hruhh??!?" kinda look.
Has nothing at all to do with the story. Seriously.

A Seattle P-I reporter was quoted as saying, "Hruhh??!?"

s the Seattle Post-Intelligencer on its last legs?

Quoting an unnamed source, KING TV reported Thursday night that the newspaper's owner, The Hearst Corp., planned to put the P-I up for sale soon, setting the stage for its closure in the next few months.

The P-I's managing editor said he knew of no such plans. A Hearst spokesman in New York did not return calls, pages or e-mails.

Executives at The Seattle Times, which has partnered for 25 years with Hearst and the P-I in a federally sanctioned joint-operating agreement (JOA), said they did not know if the report was true.

"I'm stunned," Times Publisher Frank Blethen said in a newsroom hallway, declining further comment.

Read on. The Times is in trouble, too. And the extinction of its chief rival may not even be enough to save the Seattle Times.

Several P-I reporters, who asked not to be named, said they were worried and sad about the possibility of their paper closing.

Very, very sad.

Thanks to Genghis.

posted by Ace at 11:52 AM

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