Seattle Newspaper to Close - or Go Web-only

Seattle Newspaper to Close - or Go Web-only

Marketing Vox: Seattle Newspaper to Close - or Go Web-only - This is from a few days ago, but I'm just now seeing it. I think I remember it being mentioned that the Seattle PI might close, but I don't remember it being mentioned that they would go web only.

From the brief:

As the three-year-old legal dispute between the Seattle Times and the Seattle Post-Intelligencer comes to an end, credible sources have been talking about the likely closure of Washington's oldest morning newspaper, the Seattle P-I, writes The Stranger (via MediaBuyerPlanner). Other than the members of Seattle's Committee for a Two-Newspaper Town and the 200 union newspaper employees who would lose their jobs, no one is really that upset, the article claims. Prof. John McManus of San Jose State University's School of Journalism foresees more paperless newspapers - a possible move for P-I.

Talk has spread that the paper may leap directly to web as the nation's first major daily published exclusively on the internet. However, the company has not disclosed any formal discussion of its future plans.

That could be interesting. Of course, there are a lot of small, independent web only operations starting up, but Big Media has yet to really start any web-only operations (that I know about anyway...)

Would half the staff go away? None of the staff?

I read somewhere earlier today that at the 33% (approx) growth of online revenue each year, it would take until 2017 to reach the levels of print/radio/tv.

Thing is, after the revolution all the money isn't going to go to one or even a few companies. I think the new model is that the money from advertisers is gonna be split up between a bigger group of people online.

This would give us some chance of hope for Journalism, the mission and not necessarily just the money.