Seattle Post-Intelligencer may have to close down in 60 days

Signs of the times.

The Seattle Post-Intelligencer has been published for 146 years. But it seems likely it will cease publication in 60 days. Hearst owns the paper and announced to the newsroom late Friday evening that it is putting the paper up for sale. If a buyer is not found in 60 days the PI will either become a web only publication or cease publication entirely.

It's an extremely poor climate to sell any newspaper. And as the PI's article on its own apparent demise notes, the paper has lost money every year since 2000 and lost $14 million in 2008.