Guild to discuss possibility of employee buyout of Seattle P-I

by Associated Press

The Pacific Northwest Newspaper Guild has scheduled a meeting next Tuesday to discuss whether Seattle Post-Intelligencer workers are interested in investigating a possible employee buyout of the newspaper.

The union represents most P-I workers.

Guild Administrative Officer Liz Brown says the union is trying to figure out whether there is sufficient interest to bring in a consultant and seek state money for a feasibility study.

The Hearst Corp. put the newspaper up for sale Jan. 9 and said it would quit printing the paper in 60 days, perhaps maintaining an online-only P-I.

In Brown's words, "If people are resigned to let the old girl die, then it isn't worth it."

P-I Editor and Publisher Roger Oglesby on Tuesday declined to say whether any buyer has stepped forward, when the paper's last issue will be printed if no buyer emerges, and when the decision will be made on whether to offer an online-only version of the P-I.

Hearst spokeswoman Lisa Bagley told the P-I via e-mail that she had "no news to report following our Jan. 9 statement."

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