Print
Nov 20, 2008 8:35 am US/Eastern
'Out Of Town News' Going Out Of Business
CAMBRIDGE (AP) ―
The iconic Harvard Square newsstand, Out of Town News, could soon close as it struggles along with the rest of the newspaper business.
Laura Samuels of Hudson News, which runs the kiosk, said the company just received a 60-day lease extension.
That gives the city of Cambridge until the end of January to find a new tenant or reach a deal with Hudson.
Samuels said Out of Town News is not profitable and no longer fits the company's business model, which focuses on airports. But she said there was still a chance Hudson will reach a new contract to run the stand.
The kiosk, known for having a wide selection of daily and international papers, is on the national register of historic buildings.
(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)
