The Hearst Corp. announced Monday that it would stop publishing the 146-year old newspaper, Seattle’s oldest business, and cease delivery to more than 117,600 weekday readers.

The company, however, said it would maintain seattlepi.com, making it the nation’s largest daily newspaper to shift to an entirely digital news product.

“Tonight we’ll be putting the paper to bed for the last time,” Editor and Publisher Roger Oglesby told a silent newsroom Monday morning. “But the bloodline will live on.”

In a news release, Hearst CEO Frank Bennack Jr. said, “Our goal now is to turn seattlepi.com into the leading news and information portal in the region.”

http://www.seattlepi.com/business/403793_piclosure17.html

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