Saturday, January 10, 2009

One of the oldest newspapers dollars offered for sale.

Mediakorporatsiya Hearst January 9, put on the sale of newspaper Seattle Post-Intelligencer, reported AFP.

If the buyer is not found within 60 days, said in a statement distributed by Hearst, it is decided to discontinue issuance of newspapers, or to relocate it in the online version of maintaining minimum staffing levels. "Under no circumstances will continue to release Hearst not print the newspaper after the specified time", - stressed in a statement.

Hearst owns the Seattle Post-Intelligencer - one of the oldest newspapers in the United States - since 1921. Since 2000, the daily newspaper, published a print run of 114 thousand copies, the losses. In 2008, the loss Seattle Post-Intelligencer were estimated at 14 million dollars, and in 2009, is projected to show the publication of the worst financial results.

In the December 2008 edition of The Detroit News and Detroit Free Press announced plans to reduce subscriptions and expand its on-line versions. The newspaper The Christian Science Monitor is going to opt out of the daily print editions, focusing on the development of its representation on the Web.

No comments: