Closing Up Shop

It was pretty shocking last month, when the Detroit Free Press announced it would publish only three days a week. But you had to figure, hey, it’s Detroit — there’s not a whole lot left of that city.

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But a rich, young, New Economy city like Seattle can’t support a daily paper? Read:

Hearst Corp. put Seattle’s oldest newspaper, the Seattle Post-Intelligencer, up for sale on Friday and said that if it can’t find a buyer in the next 60 days the paper would likely close or continue to exist only online.

If it does become an Internet-only operation, the P-I, as the paper is known locally, would have a “greatly reduced staff,” Hearst said in a statement. Hearst is a major media company that also owns TV stations, other newspapers and magazines including Cosmopolitan.

“In no case will Hearst continue to publish the P-I in printed form” once the 60 days are up, Hearst said.

Sometimes, the future shows up way sooner than anyone expected.

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