Monday, June 15, 2009

Blethen family finally unloads their Maine newspapers

Story here. The price for the newspapers wasn't disclosed, but it is believed to be far less less than the family paid for them.

Hat tip: The News Chick
.
.
.

3 comments:

Anonymous said...

"Last week, 31 people who are not represented by unions, including many senior managers, were notified they would not be retained by Maine Today Media. Connor said [future cuts might cost 100 more employees their jobs."]

Anonymous said...

The old family dynasty thingy is about done. Too bad the McClatchy dynasty is still backing the Pru, he and they, are dinosaurs of the first order. They deserve distinction, but a lot of employees are witnessing their own demise at the hands of old relics from the past, and it ain’t pretty.

Anonymous said...

"... it is believed to be far less less than the family paid for them."

That's some good investigative reporting there, Lou.