Possible final edition of Blade announced; company explores sale
Block Communications has announced its intention to explore a sale of The Blade’s assets, which, if unsuccessful, will result in the final edition of the newspaper being published Dec. 31.
“Unfortunately, an extremely difficult decision has been made,” Jodi Miehls, president and chief operating officer of Block Communications, said in an email to Blade staff on Tuesday.
“The Block Family’s continued investment to keep the Blade open is no longer an option. The financial losses the Blade has endured for years are simply not sustainable,” Ms. Miehls wrote.
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