San Francisco Chronicle Workers Reach Agreement That May Save Paper

[Omaha Steve]

http://www.laborradio.org/node/10670

Workers and the San Francisco Chronicle have reached a deal that could save the floundering publication. Jesse Russell reports;

San Francisco is at risk of becoming the first major metropolitan city without a major daily paper, but a new deal worked out with employees represented by the California Media Workers Guild Local 39521 could prevent that reality. Details of the contract agreement were not made public. Members will vote on the contract this week. . The Chronicle is owned by the Hearst Corporation and has lost money every year since 2001. Hearst recently announced it would be shutting down or converting the Seattle Post-Intelligencer into an online publication. Papers across the country have been struggling to stay afloat as advertising sales decline. On Monday McClatchy Newspapers announced plans to lay off 1600 workers. On February 27 of this year Denver’s Rocky Mountain News ceased publication after 150 years. The Rocky Mountain News was owned by Scripps.

[virgogal]

1. Hope it works,but I'm afraid it won't. The newpapers are doomed.