"Our reporters have chased their last stories. Our presses have printed their last copies. Our corner newsstands have opened for the last time,"
"After the unimaginable sorrow and destruction of the past year, losing this beloved institution feels like a final blow."
"This time last year, we still had a future. But it burned up in the fire, like most of the town."
"Subscriptions basically fell to zero. It's completely understandable. But you can't print a newspaper nobody reads."
The Palisadian-Post, a 97-year-old Pacific Palisades newspaper founded in 1928, published its final edition Thursday. The January 7 fire destroyed or severely damaged thousands of local businesses, causing major losses in advertising revenue and displacing many subscribers. Subscriptions and local ad sales fell sharply as the community became largely vacated after the blaze. Owner Alan Smolinisky, who bought the paper in 2012, decided to shut the paper down because revenue and readership collapsed. Researchers estimated more than 2,600 businesses were destroyed and over 650 partially damaged, most of them small businesses.
Read at Los Angeles Times
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