Submitted by Anonymous Source (not verified) on Thu, 03/06/2008 - 10:03pm.

Well...this also indicates an increasing problem with declining revenue at the paper. Newspapers themselves are becoming increasingly irrelevant. The days of high ad revenues are over for papers like The Oregonian. In the last couple of years, they replaced their in-house advertising director with a new hire from outside the company. He in turn has brought in new salespeople and set tough new sales goals for the retail department.
Another factor to consider is the steadily declining, or flat circulation numbers for all newspapers.
I wonder how long it may be until The Oregonian decides to sell the headquarters building on Broadway. With the new high rise condo going up directly across the street from their building, I would think The Oregonian block is getting very very valuable.

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