Portland Press-Herald | Seattle Times
Analyst
John Morton notes that the value of newspapers is depressed, and that the Blethen family will be "lucky if they get half of what they paid for [their Maine papers in 1998]." He adds: "I think we all know that they're struggling in Seattle. Business has not been good for large metropolitan newspapers in the last year, and I'm sure they haven't escaped that. It just comes down to where they need the money." || Related
story.
