The brothers Ahmet and Mehmet Altan and prominent commentator Nazli Ilicak are charged with violating the Turkish constitution in the trial, which began in June at the Istanbul criminal court.
They are accused of links to US-based Muslim cleric Fethullah Gulen who Ankara says masterminded the failed bid to oust Erdogan on July 15 last year.
Gulen denies ties to the incident, which left 249 people dead, not including the plotters.
All three reject the charges.
Ilicak, 73, was one of the very first journalists arrested in July after the coup bid. Briefly an MP from 1999, she wrote for several dailies including Hurriyet.
Ahmet Altan, 67, is a novelist and journalist who has written for some of Turkey's leading dailies including Hurriyet and Milliyet as well as founding the now closed opposition daily Taraf.
In the same case, prosecutors also demanded life sentences for former Zaman newspaper marketing manager Yakup Simsek, police academy instructor Sukru Tugrul Ozsengul and Zaman layout designer Fevzi Yazici.
The Altan brothers and Ilicak are also accused of appearing together on a TV show on a pro-Gulen channel just before the coup bid and issuing a message that the attempted overthrow was in the offing.
The case is separate to the trial 17 current and former writers, cartoonists and executives from the opposition Cumhuriyet ("Republic") daily on charges supporting terror groups.
Turkey ranks 155 on the latest Reporters Without Borders world press freedom index, below Belarus and the Democratic Republic of Congo.
According to the P24 press freedom website, there are 153 journalists behind bars in Turkey, most of whom were detained under the state of emergency imposed after the coup bid.
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