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January 10, 2009

Can the Seattle P-I really disappear?

One more sign that this recession is different than we've seen before: it looks like the Seattle P-I may stop publishing.

The Seattle P-I is being put up for sale, and if after 60 days it has not sold, it will either be turned into a Web-only publication with a greatly reduced staff or discontinued entirely.
Apparently the P-I lost $14 million this year.
It's hard to lament the passing of a newspaper that consistently editorializes in favor of higher taxes and spending ... and yet ...
The P-I's announcement came the same day that Boeing announced lay-offs so it drives home that the national recession has now made its way to the Puget Sound area.
When the King County Journal disappeared, it diminished local politics on the Eastside. Legislators in the Puget Sound area are hit especially hard without local news coverage since television and national outlets prefer to cover Congressional and gubernatorial news.

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