When the closed-door showdown between Seattle's dailies begins, P-I owner Hearst has a legal bombshell: a sworn deposition by a former Times circulation vice president who says the paper violated the...
Estimates put the sale price at $30-40 million, about a $200 million loss from the 1998 purchase price. And the Seattle company apparently has to carry unfunded pension liabilities as part of the deal...
The Seattle Times says the paper is here to stay, with Blethen family control assured for years to come. But there are those who think financial challenges will continue for a considerable time.
Pacific Northwest Ballet principal dancer Mara Vinson (center) as Princess Aurora falls into a deep slumber after pricking her finger on a cursed spindle in Ronald Hynd's <i>The Sleeping Beauty</i>.
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...
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...