Seattle Post-Intelligencer up for sale

As I offered in my predictions post, 2009 will be devastating for newspapers. We will see big newspapers liquidated and it is not wildly speculative to suggest that a major city will find itself without a daily newspaper this year.

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

[From Seattle Post-Intelligencer up for sale]

More on this topic (What's this?)
New Trade Ideas Page
An NYC Visit With DE-CIX At 60 Hudson
Total Cost Trumps Monthly Payment
Read more on Newspapers, Four Seas Food Inv at Wikinvest