Seattle newspaper ends print product

March 16, 2009 1:32:30 PM PDT
The 146-year-old Seattle Post-Intelligencer rolls out its last print edition tomorrow.

After that, the Hearst Corp. says the daily will only be posted online.

The paper began in 1863, when Seattle was a frontier town. It still has a circulation of 117,000.

But New York-based Hearst has been losing money on the P-I since 2000, including $14 million last year. It's hoping to shed enough expenses with a Web-only product to reverse that.

The privately held company says it plans to let many of its 181 employees go this week. The Web site is expected to employ about 40 people.

The P-I has had a fiesty rivalry with the Seattle Times. On Wednesday, the Times plans to deliver a copy of its paper to every P-I subscriber.

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