So how is it that KING-5 TV has “a source close to the deal” telling them that the sale (and ultimate closure) of the Seattle P-I is imminent, while everybody at the P-I and the rival Times seemed to have been totally in the dark? Could it be that KING-5 got the scoop on the deal because they’re at the heart of it?
That’s the rumor that’s making the rounds now, which has Hearst in a deal to buy KING-5’s parent company Belo Corp., and it’s 20 TV stations, thus being forced offload the P-I in compliance with the FCC’s cross-ownership rules. And since nobody’s buying newspapers these days, that’s essentially a death sentence for Seattle’s oldest daily.

Okay, so you’ve impressed your date with that fancy dinner for two you’ve won from the Seattle Times web site.  Um… now what?