Tuesday, June 16, 2009

Seattle Times Completes Sale of Maine Newspapers

The Seattle Times completed its sale yesterday of Blethen Maine Newspapers, a media holding firm that includes the Portland Press Herald/Maine Sunday Telegram, to a company doing business as MaineToday Media Inc.

The chief executive officer of MainToday announced no immediate changes, at least for now.

"There are no immediate changes with the exception that I am guessing somewhere in the next week we will be adding back some news space. Exactly how much I don’t know,” said Richard L. Connor, chief executive officer of MaineToday Media Inc.

Connor will become editor and publisher of the Press Herald and Sunday Telegram, as well as the Kennebec Journal in Augusta and the Morning Sentinel in Waterville. Included in the sale is The MaineToday websites and niche print publications.

This is a turnaround from last week when Connor said the organization might cut 100 jobs when the sale is completed.

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