The publisher of the Portland Daily Sun is shutting down the newspaper this week, citing competition from its largest rival and an inability to gain traction with advertisers.
The Bangor Daily News reported that Portland Daily Sun’s two full-time staff members will move over to the the Portland Phoenix, the alternative weekly newspaper that was acquired by its publisher, The Sun Newspapers Group, in November.
Mark Guerringue, the Daily Sun’s publisher, told the BDN that the newspaper seemed viable until the Portland Press Herald was purchased by hedge fund manager S. Donald Sussman, which spurred a series of new hires.
“It just kind of made sense to consolidate and help the Phoenix grow,” he said. “It represents a much bigger opportunity than the Portland Daily Sun in its current state.”
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