Pittsburgh Post-Gazette shutting down

The Pittsburgh Post-Gazette will distribute its last issue May 3 and close after 240 years of news coverage.

Block Communications, which owns the Post-Gazette and Toledo (Ohio) Blade, announced Wednesday, Jan. 7, it is closing the newspaper, citing mounting financial losses it said eclipsed $350 million in the last 20 years.

“Continued cash losses at this scale (is) no longer sustainable,” according to the Post-Gazette.