The publisher of the Bellevue Business Journal and Eastside Business has announced that he will stop publishing the business newspapers and focus his activities on social networking for readers.
“It’s no secret that the print news industry has been hurting for some time,†Kennedy said, “but with the amazing and exciting evolution of social media, it has become all but irrelevant. We have reached many, many more people online with our news sites than through the print papers for the past couple of years. It is about time that we focus all of our resources reaching the majority of readers online and where they want to be engaged.â€
Read more here. The Eastside paper had been put up for sale a year ago, but found no buyers.
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