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The Blade Newspaper in Toledo Is for Sale, and Ownership Says It Will Shut Down if No Buyer Is Found – WTOP News
Block Communications says years of losses are unsustainable and the paper could shut down if it cannot find a buyer by year’s end.
On Tuesday, Block Communications announced The Toledo Blade will cease publication at year's end unless a buyer is found for the newspaper's assets.
The decision follows failed contract negotiations with the Toledo NewsGuild, whose members rejected a proposal 46-25 that would have allowed outsourcing work to "AI, freelancers, managers."
Blade features writer and Toledo NewsGuild bargaining chair Lillian King stated the contract "would have meant signing away our self-respect, and with it, Toledo's mandate for ethical journalism."
Block Communications president and chief operating officer Jodi Miehls cited ongoing financial losses that "are simply not sustainable," calling the potential closure an "extremely difficult decision."
Earlier this year, the Pittsburgh Post-Gazette was saved by the nonprofit Venetoulis Institute for Local Journalism, and Blade workers "would welcome new ownership" to preserve the publication.