Yesterday, the Seattle Post-Intelligencer put out its last print edition. The paper will live on as a Web-only publication, much down-sized and a shadow of its former self.
Today, the Union-Tribune, my employer, announced that it had been sold to Platinum Equity and would be managed by the Black Press out of Canada.
According to the Wall Street Journal, the sale price was about $50 million. Confirming that had I won the MegaMillions lotto when the pot was at $220 million a few weeks back, I would've bought the paper.
Currently, I still have a job and will continue to have a job at least until the sale is finalized in three to six weeks. After that...
On an unrelated journalistic note: I am not on the JournoList which sounds a whole lot like the SPJ-L listserv before it died nearly five years ago.
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