Sad news for a San Diego Institution…
Sadly after almost 130 years of operation, The Daily Transcript/San Diego Source will print its last newspaper on Sept. 1 and cease operations on Sept. 21, 2015.
The changing publishing paradigm has made the maintenance of a news organization of the size and scope represented by The Daily Transcript/San Diego Source in a market of San Diego’s size problematic. While many cost savings measures have been initiated in the past, including the enthusiastic embrace of rapidly changing technology, producing the daily news, data and information for which the company is known requires a relatively large number of employees with related support systems. Increasing overhead, health care costs and the uncertain future of the news industry dictate that the company is no longer a viable business.
William Revelle, chairman, extends his thanks and appreciation to all the employees who over the years have contributed to the high level of reporting of local San Diego news and information that is the hallmark of the organization. The many achievements of the company are widely recognized within the community and reinforced by countless awards for excellence by journalistic professional groups. Employees have been responsible for producing a news product and related services of great value to our loyal readers, subscribers and users. You have our eternal gratitude as well.
The last issue will roll off our press at 2131 Third Ave. on Sept. 1, 2015. The 21-year-old, award-winning, subscription-based website will linger for awhile longer, probably fading first to gray and one day in the future going to a 404 message.
We hope a local university or library will accept the donation of our past editions and possibly even the web database so the news, data and information from the past can be a resource for future San Diego researchers and business people.
It has been a great ride, one more time, our sincere thanks to our employees, and the many advertisers and subscribers who have supported us during the last 130 years.
Robert L. Loomis
The Daily Transcript & San Diego Source