By: Editorial Staff alternative folds
Ottawa's alternative paper, Capital City, closed down after just over a year of publication, while its owner, Toronto's NOW, bought 5% of its competition, X Press, the Association of Alternative Newsweeklies reports. Capital City started in April 1998, rivaling the Ottawa X Press in the home of Canada's federal government and the country's high-tech center. Michael Hollett, publisher of NOW, says he pulled the plug after Capital City had racked up considerable losses.
?(Editor & Publisher Web Site:http:www.mediainfo.com) [Caption]
?(copyright: Editor & Publisher July 17, 1999) [Caption]
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