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Seattle Times Co. still trying to close sale of Maine papers

Posted Mon, Jan 5, 6 a.m.

Both the Maine sale and some Seattle real estate put on the market fail to meet their goal of closing in 2008. This could produce a very tough January for the local daily.

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Seattle Times tells 500 employees to take 5 days of unpaid furlough

Posted Fri, Dec 19, 5:07 p.m.

Meanwhile, two other ways for the struggling company to raise cash, by selling Maine papers and Seattle real estate, are still hanging fire.

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Can writers get a federal bailout too?

Posted Fri, Dec 19, 6 a.m.

Some think the time is ripe to revive a New Deal program that put writers to work for the public good. Others say that's what bloggers are already doing.

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Seattle Times puts some new land up for collateral

Posted Mon, Dec 8, 6 a.m.

The block in front of Times' headquarters is now included as part of security for the company's $91 million debt to banks. Meanwhile, the paper is scaling back features, and sale of its Maine papers may slip a key deadline.

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Seattle Times Co. struggles with its debt

Posted Mon, Nov 24, 6 a.m.

A deal is close for selling its Maine papers, and the company is trying to peddle some of its real estate in Seattle. Meanwhile, McClatchy, owners of nearly half of the Times Co., continue to write down its stake dramatically.

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All the news that ain't

Posted Thu, Nov 6, midnight

A recovering campaign reporter witnesses the demise of journalistic objectivity, and wonders what will replace it.

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A humble tribute to Cam DeVore

Posted Sat, Nov 1, 6:55 p.m.

A prominent Seattle attorney's absence is felt not just by his family, friends, and colleagues but by his yoga community, as well.

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New media, old media, and the Palin defect

Posted Fri, Oct 31, midnight

The Alaska governor's vetting in the media was abetted by new forms of journalism and polished by old.

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Circulation at both Seattle dailies is down

Posted Mon, Oct 27, 4:04 p.m.

An audit report shows declining print circulation rates, but the P-I maintains its readership is strong.

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Seattle Times Co. is reported close to a deal in Maine

Posted Thu, Oct 16, 4:19 p.m.

The company has been trying to sell the Blethen Maine Newspapers chain since March.

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Will the anti-conglomerate Blethens sell newspapers to a conglomerate?

Posted Tue, Sep 9, 10 p.m.

Brunswick News, part of the Irving family's vast industrial holdings in Canada, is kicking the tires of Blethen Maine Newspapers, which is owned by the Seattle Times Co. The Irvings own most of the newspapers in the province of New Brunswick plus companies that do business in adjoining Maine.

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Another 'writedown' by the Seattle Times Co. minority owner

Posted Fri, Aug 15, 5 a.m.

According to McClatchy, its 49.5 percent stake in the Washington and Maine newspaper company is worth a mere $9.9 million. While that figure signifies little, the fact it keeps shrinking is a bad sign.

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After a late start, MSM blogs are everywhere

Posted Wed, Aug 13, 5 a.m.

The Northwest's mainstream newspapers are reporting political news on the Web first. Part 3 of 3

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A bicoastal newspaper crisis

Posted Fri, Aug 1, 11 a.m.

If the Seattle Times Co. can't sell its Maine subsidiary, the consequences could be severe — including closure of three of that state's biggest dailies and loan default for the parent company, according to newly filed legal documents. And while a deal might seem imminent, the Times Co. calls it "highly uncertain."

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The Maine burden of the Seattle Times Co. might be soon lifted

Posted Thu, Jul 31, 10 a.m.

A group that includes a former senator is negotiating to buy Blethen Maine Newspapers. But back home, the Seattle Times faces another fiscal challenge — the Teamsters and a possible labor action.

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In Maine, banks are involved in Seattle Times Co. decisions

Posted Mon, Jul 21, midnight

To satisfy lenders, the company says, it will impose another round of cuts — the fourth in a year — at its Portland, Maine, newspaper.

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A week of weakonomics

Posted Wed, Jun 25, 9 a.m.

If you look away from the Sonics trial for a moment, you can see warning signs that the seemingly immune local economy is actually pretty precarious.

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A Seattle Times Co. lawsuit reveals a tightening noose

Posted Tue, Jun 24, midnight

The company is suing a union, saying the sale of three newspapers in Maine won't happen if the buyer must inherit a labor agreement. The proceeds of a sale are urgently needed to satisfy lenders, the lawsuit says.

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Rah, rah for the home team

Posted Thu, Jun 19, noon

Home-grown sports teams, airplane builders, and banks are reeling from competition and free trade, and the local mood is to beat up on the outsiders. Tempting, but is it smart?

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City budget road show

Posted Thu, Jun 12, 11 p.m.

Chapter 4: During May, Seattle City Council members listened to hours of public comment on how tax dollars should be allocated by the 2009-10 budget. Now what happens? Not much until autumn — then a flurry of activity.

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Other media

Jack Shafer: How newspapers tried to conquer the web from early on And how they lost the battle.

Oregonian adds a conservative columnist Elizabeth Hovde explains what it means to be center-right in the Northwest.

Newspaper stocks register a horrendous year Some have become penny stocks and been delisted. New York Times Co. will have to sell some big assets, and fast.

How travel sections in newspapers are changing for the worse John Flinn, departing from the San Francisco Chronicle, laments the loss of long-form narrative and the rise of "charticles."

Danny Westneat fesses up to column mistakes of the past year So much for tapping into the local voters' tax revolt, and other miscalls.

Blog posts

The shocking loss of Nat Hentoff

Posted Thu, Jan 1, 11:13 a.m.

The writer, perhaps the nation's leading commentator on First Amendment issues, is let go from the Village Voice

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A handsome tribute to Sheila Farr

Posted Wed, Dec 31, 6 a.m. 2008

The departure of the Seattle Times' art critic raises questions about how papers should adjust their budgets in covering the arts.

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Where have you gone, Seattle Times?

Posted Sat, Dec 27, noon 2008

During this snow-interrupted break, are you trying to prepare me for lonely breakfasts ever after?

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Denver daily is put up for sale

Posted Thu, Dec 4, 3:13 p.m. 2008

Rocky Mountain News has a lot of parallels with the Seattle situation, being part of a joint operating agreement. Another paper on the market doesn't make it easier for the Seattle Times Co. to sell its Maine papers.

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The latest at The Seattle Times

Posted Wed, Nov 12, 8:43 a.m. 2008

We've compiled a list of some 20 newsroom employees who have volunteered to be laid off, which could mean 15-25 more would be involuntarily let go after that. Updated

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The axe falls at The Seattle Times

Posted Mon, Nov 3, 3:26 p.m. 2008

Up to 150 jobs will be eliminated through voluntary or involuntary layoff.

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Our guide to newspaper endorsements

Posted Tue, Oct 28, 4:30 p.m. 2008

We've created a printable chart of Washington newspaper endorsements for selected races in next week's election, with which you can see, at a glance, who's favored by the dreaded mainstream media.

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A Seattle Times union ratifies a contract that includes 6 percent raises

Posted Thu, Oct 23, 9:47 p.m. 2008

At the same time everyone is anticipating a layoff.

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Tentative contract settlement at The Seattle Times

Posted Fri, Oct 17, 1:54 p.m. 2008

It includes, gasp, pay raises.

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Sausage Links, townhall debate edition

Posted Tue, Oct 7, 3 p.m. 2008

Tonight is the second presidential debate between Senators John McCain and Barack Obama, and it represents what could be a knock-out punch for the Democrats. That is, if you're still convinced the election isn't over. (Hint: It is.) If the current polls are any indication, McCain's only chance of winning this election are if Obama walks onto stage tonight wearing an Arab headdress and an Irani lapel pin, and after giving a shout-out to Reverend Wright and Bill Ayers, tells the television audience that Sarah Palin is a trollop.

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