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Former Hawaii Island Journal Editor Testifies About Paper's Closing

By AAN Staff
july 3, 2008  11:25 am
Peter Serafin spoke before the Hawaii County Planning Committee on Tuesday regarding the details of the Journal's recent closing. He said that a major source of financial difficulty for the Journal was that it had to be printed in Honolulu at the Star-Bulletin press, not on the island of Hawaii. "Stephens Media owns the only two Web presses on this island," Serafin testified. The Journal approached Stephens about getting the paper printed there, but their response was, "We'll only print the Journal if you sell us a controlling interest," he said. Serafin also said the paper was hurt by Stephens' launch of "Big Island Weekly, a copycat paper specifically created to drive the Journal out of business." He said that the Weekly sold ad space below cost in an effort to kill the Journal, and compared the situation in Hawaii to the one in San Francisco, where a jury ruled in favor of the Bay Guardian in its predatory-pricing suit against SF Weekly.
View full article at HunterBishop.com
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