North Coast Current

San Diego Daily Transcript to close after century in business

North Coast Current

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The San Diego Daily Transcript, a daily business newspaper that has published for nearly 130 years, announced July 22 that it will close operations on Sept. 1, when it publishes its last edition.

Publisher Robert L. Loomis made the announcement on the publication’s news site, San Diego Source, which will also cease operation in the months after the newspaper’s closure.

Loomis cited increasing costs in overhead and health care and the news industry’s uncertain future as reasons why the Transcript 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,” Loomis said in the statement. “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.”

Loomis said he hopes local institutions will take in the publications archives, print and digital alike.

“The last issue will roll off our press at 2131 Third Ave. on Sept. 1, 2015,” Loomis said in the statement. “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.”

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San Diego Daily Transcript to close after century in business