Seattle Times to Explore Sale of its Maine Newspapers

By:

The Seattle Times Co. says it’s exploring the sale of its newspapers in Maine.

Citing challenges within the industry, CEO and Publisher Frank Blethen said the company needs to focus on the future of its newspapers in Washington state.

The sale would include the Portland Press Herald/Maine Sunday Telegram, the Kennebec Journal, the Morning Sentinel and MaineToday.com.

Blethen says the decision was painful, but a sale may be the best opportunity for the long-term survival of his company’s newspapers in Washington and Maine.

The Blethen Maine Newspapers, as they’re known, have been owned by the Seattle Times for 10 years. They have about 500 employees and combined circulation of about 101,000 daily and 136,900 Sunday.

RSS
Follow by Email
Facebook
Facebook
Twitter
Visit Us
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *