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Troubled San Francisco paper in danger of closing [San Francisco Chronicle is dying]
AP ^ | 2009-02-24

Posted on 02/25/2009 12:41:41 PM PST by rabscuttle385

SAN FRANCISCO (AP) -- The San Francisco Chronicle joined the lengthening list of imperiled newspapers Tuesday as its owner set out to purge the payroll and slash other expenses in a last-ditch effort to reverse years of heavy losses.

If it can't reduce expenses dramatically within the next few weeks, the Hearst Corp. said it will close or sell the Chronicle, northern California's largest newspaper with a paid weekday circulation of 339,430.

Hearst didn't specify a savings target nor a deadline for wringing out the expenses. A Hearst spokesman didn't immediately respond to messages Tuesday.

But management made it clear that the cost-cutting will require a significant number of layoffs.

"Our current situation dictates that we accomplish these cost savings quickly," Chronicle Publisher Frank Vega wrote in a memo to the staff. "Business as usual is no longer an option."

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Front Page News; News/Current Events; US: California
KEYWORDS: bho2009; bho44; democrats; dncmedia; enemedia; failure; hearst; liberalmedia; mediawingofthednc; msm; obamalegacy; obamasfault; obamedia; propagandawingofdnc; sfchronicle
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1 posted on 02/25/2009 12:41:41 PM PST by rabscuttle385
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To: abb

.


2 posted on 02/25/2009 12:41:53 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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To: rabscuttle385

You mean Mark Morford is going to have to turn burgers for the great unwashed in order to make his bills? Oh please! PLEEEEEASE!


3 posted on 02/25/2009 12:45:44 PM PST by domenad (In all things, in all ways, at all times, let honor guide me.)
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To: rabscuttle385

“If it can’t reduce expenses dramatically within the next few weeks, the Hearst Corp. said it will close or sell the Chronicle, northern California’s largest newspaper with a paid weekday circulation of 339,430.’

They’re all twittering up there now...


4 posted on 02/25/2009 12:49:12 PM PST by jessduntno (The Eye of God (NASA) http://antwrp.gsfc.nasa.gov/apod/image/0305/helix03_hst_big.jpg)
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To: rabscuttle385

This is a dreadful paper.


5 posted on 02/25/2009 12:51:13 PM PST by RexBeach ("Do your duty in all things." Robert E. Lee)
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To: jessduntno
Along with the Chronicle story, today's WSJ also reports Marvel Entertainment, publisher of comic books, saw its net more than double over last year's income.
Does anyone see the obvious solution here ?
6 posted on 02/25/2009 12:54:03 PM PST by Eric in the Ozarks
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To: rabscuttle385

Yeah, I’m all tore up about this.


7 posted on 02/25/2009 12:55:15 PM PST by Obadiah (Party - my house - on December 22, 2012!)
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To: rabscuttle385

Memo to all leftist Obama worshipping propaganda dead tree newspapers:

You have destroyed all your credibility and circulation.

SO DIE ALREADY!


8 posted on 02/25/2009 12:59:15 PM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
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To: rabscuttle385

Is it bad to want to cheer?


9 posted on 02/25/2009 1:08:55 PM PST by chris_bdba
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To: rabscuttle385
Not to worry Freepers. The “Stimulus” package //sarcasm off// will bail out all the propaganda tools of the obama Bolsheviks.
10 posted on 02/25/2009 1:11:50 PM PST by mosaicwolf (Strength and Honor)
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To: rabscuttle385
Photobucket
Ha-Ha, your medium is dying!
11 posted on 02/25/2009 1:15:25 PM PST by Clay Moore ("Tax fraud is patriotic:" Timothy Geithner)
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To: rabscuttle385

Happy days are here again, the news is full of cheer again,...


12 posted on 02/25/2009 1:20:46 PM PST by Navy Patriot (Welcome to the Obama-Democrat Depression.)
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To: Eric in the Ozarks

You think the Chron should make movies?? “Pulled from the headlines films?”

Marvel (or was it DC?) took out a billion dollar loan to make films. They bet the company on those films! They were Spiderman, X-Men and Fantastic Four.

I think they won their bet. They had mortgaged the whole company and if they had flopped it’d been history


13 posted on 02/25/2009 1:22:04 PM PST by GeronL (Hey, won't you be my Face Book friend??)
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To: rabscuttle385

One of the most horrid newspapers on the face of the earth. No sorrow here.


14 posted on 02/25/2009 1:22:21 PM PST by easternsky
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To: GeronL

The Chronicle could save its own life by printing full page color cartoons.


15 posted on 02/25/2009 1:25:07 PM PST by Eric in the Ozarks
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To: Eric in the Ozarks
Along with the Chronicle story, today's WSJ also reports Marvel Entertainment, publisher of comic books, saw its net more than double over last year's income. Does anyone see the obvious solution here ?

They should start making big-budget movies about the Chronicle? I don't think that'll work.

16 posted on 02/25/2009 1:26:22 PM PST by ReignOfError
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To: GeronL
They bet the company on those films! They were Spiderman, X-Men and Fantastic Four.

Two out of three is a whole lot better than you'll do in Vegas. Of course, then they parlayed that into two more X-Men films, two more Spiderman films, Ironman, and the much-awaited Watchmen.

17 posted on 02/25/2009 1:28:12 PM PST by ReignOfError
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To: rabscuttle385

Yeaaaah!


18 posted on 02/25/2009 1:29:25 PM PST by ModelBreaker
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To: FormerACLUmember

Agree. Why should they be surprised that their decades-long campaign against capitalism, commercial forest use, private property, and fairness in the media would come back to bite them where it hurts? It’s like the Minneapolis paper suing its printer union. Doesn’t the business office communicate with the editorial office?


19 posted on 02/25/2009 1:29:25 PM PST by caseinpoint (Don't get thickly involved in thin things)
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To: Eric in the Ozarks

“The Chronicle could save its own life by printing full page color cartoons.”

Or the soviet style propaganda pix of Obama. Page after page.


20 posted on 02/25/2009 1:30:30 PM PST by ModelBreaker
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