The Blade newspaper in Toledo is for sale, and ownership says it will shut down if no buyer is found
Summary
The owners of The Blade newspaper in Toledo are trying to sell the paper. If no buyer is found, The Blade will stop printing and publishing online by the end of the year due to ongoing financial losses.Key Facts
- The Blade’s owners announced they want to sell the newspaper.
- If no buyer is found, The Blade will shut down both its print and digital versions by year-end.
- The newspaper has faced financial losses for many years.
- Block Communications previously planned to close the Pittsburgh Post-Gazette but sold it to a nonprofit group.
- The Blade was founded in 1835 and is Toledo’s oldest continuous business.
- The paper has won a Pulitzer Prize and been nominated several times for investigative journalism awards.
- Mildred Wirt Benson, the original author behind the Nancy Drew books, worked at The Blade.
- The Block family has owned The Blade since 1926 but can no longer support it financially.
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