P-I deathwatch

It's looking like Wednesday will be the final print edition of the Seattle Post-Intelligencer. At least that's the latest semi-informed guess. The newsroom was crowded on Sunday, with lots of staffers getting their gear together. From The Stranger:

Why are the reporters so certain the end is very, very near? A confluence of events and signs: Tomorrow, by most counts, is the end of Hearst Corporation's 60-day period for trying to sell the P-I. Assuming there is no buyer—and really, who would buy a money-losing newspaper right now?—Hearst will presumably go ahead with its stated plans to close down the P-I's print edition and launch an online-only paper. When Denver's Rocky Mountain News closed recently, employees were given only one-day's notice of the closing, so if one assumes that one-day's notice is now the industry standard, one gets quickly to the idea of a Tuesday / Wednesday end for the printed P-I.

At last check, Hearst was still planning an online-only venture if the print paper shuts down.



More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing

New at LA Observed
On the Media Page
Go to Media

On the Politics Page
Go to Politics
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook