To Offset Declining Sales, Paper Raises Price
P-I, Times single-copy price to be 50 cents (Seattle Post-Intelligencer)
Financial troubles at The Seattle Times Co. are becoming more apparent to the city’s daily newspaper readers. The company, which handles business operations for both The Seattle Times and the Seattle Post-Intelligencer, plans to double the single-copy price of both newspapers to 50 cents from 25 cents beginning Feb. 28, in an attempt to offset rising costs.
Makes sense to me. In fact, since BlogAds sales have declined since the election, I’ve been thinking of doubling prices. Heck, I might triple them–I could use the money, what with rising bandwidth costs and all.