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March 28, 2012, 1:01 p.m.
LINK: crosscut.com  ➚   |   Posted by: Joshua Benton   |   March 28, 2012

Crosscut’s Hugo Kagiya takes a look at one of the first newspaper casualties of the financial crisis, the Seattle Post-Intelligencer, which shut down print and went online-only in 2009, albeit with a sharply reduced staff. Three years in, Kagiya says, it’s further diminished.

“The name survived,” Murakami said. “The brand is more than the name. You can put Mountain Dew in Coke cans but it doesn’t take long to realize it’s no longer Coke. The brand died the day we shut down and when the staff that did the work that made the P-I the P-I were shown the door. Today, the P-I’s spirit is alive more in InvestigateWest than in SeattlePI.com.”

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Journalists fight digital decay
“Physical deterioration, outdated formats, publications disappearing, and the relentless advance of technology leave archives vulnerable.”
A generation of journalists moves on
“Instead of rewarding these things with fair pay, job security and moral support, journalism as an industry exploits their love of the craft.”
Prediction markets go mainstream
“If all of this sounds like a libertarian fever dream, I hear you. But as these markets rise, legacy media will continue to slide into irrelevance.”