The newspaper has lost $29 million since it hit the streets on Jan. 10, 1994.
Profit has not been an object; indeed, the newspaper may lose $17 million in 1988.
Between 1995 and 1999, the two newspapers lost paying customers eight times faster than the industry as a whole.
All newspapers are losing money by offering free content online.
The newspaper has been losing subscribers, another 8 percent in the last reporting period.
Without them, many newspapers would be losing circulation at a far higher rate.
The newspaper said all of the concerns were poorly managed and losing money.
At that stage, the newspaper had lost close to $50 million.
With Peter's death in 1725, the newspaper lost its most precious contributor.
The company's regional newspapers, television stations and corporate staff will lose about 90 jobs.