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Friday, January 30, 2009

Shopping the P-I

Posted by on Fri, Jan 30, 2009 at 4:13 PM

While Hearst isn't shedding much more light on what the post-sale period (meaning early March) might hold for the P-I, some journalists at the paper are using the time to try to create their own fate—making the case for the value of the P-I and actively shopping it around to potential investors.

P-I columnist Joel Connelly, one those involved in an attempt to entice rich and/or benevolent locals to purchase his publication, confirms the paper-peddling is underway but told me he can't say much more for fear of jeopardizing the process:

Eli:

An effort is underway. It's a tricky business, because those making noise are the least likely prospects . . . and the nibblers insist on silence. Since it's Super Bowl week, I'd evoke an old adage of onetime Steelers coach Chuck Noll: "The empty drum bangs loudest."

Hence, with regret, I can't talk about what's doing because I couldn't keep doing it.

But if you'd like to nibble on a newspaper, now you know who to call.

 

Comments (2) RSS

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1
It's not like they're doing an online invitation-only poll about which parts of the PI you liked the best, which paper you'd buy if they went out of print, and which parts you'd need if they went online only.

Oh.

Wait.

They are - I just finished answering the poll.
Posted by Will in Seattle on January 30, 2009 at 4:55 PM
2
What parallel universe are P-I staffers living in?

They're having their paper's Official Windbag, Joel Connelly, out trying to find a buyer for the P-I?

Have you ever heard Connelly's droning, nasal voice spewing out his inanities?


Posted by Jim Moore on January 31, 2009 at 4:00 AM

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