The Seattle Post-Intelligencer became the first big American newspaper (2008 circulation 117,572) to succumb to the rigors of printing a daily product, and find a refuge -- and perhaps prosperity -- in the new technology.
It ran its last copy today and henceforth will be a strictly online enterprise.
As I have noted in class many times, the future is bleak for the newspaper industry, but bright for journalism.
The P-I, founded in 1863 as the Seattle Gazette, is believed to be the city's oldest paper. In 1921 William Randolph Hearst bought it and it continues to be a Hearst Corp. enterprise. The company put it up for sale early this year because it was losing. Failing to secure a buyer, it decided to stop printing.
Read also:
- David Horsey's "The end and a new beginning"
- Joel Connelly's "Online-only P-I will be a journalism adventure"
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