The Future of Print

Troubled San Francisco paper in danger of closing

Posted in Doom, Stop the presses by futureofprint on February 25, 2009

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.

via Troubled San Francisco paper in danger of closing: Financial News – Yahoo! Finance.

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