Circling the Drain – The End Game Commences?

The future of one of Seattle’s two daily newspapers was called into question Thursday by a TV station report, although top leaders at both papers appeared surprised by it.

KING/5 reported at 5 p.m. that “a source close to the deal” said The Hearst Corp., owner of the Seattle P-I, would announce as soon as Friday that it’s putting the P-I up for sale.

Report of possible P-I sale surprises papers’ leaders