Hearst threatens to sell or shutdown SF Chronicle
Skip to commentsHeart Corp has announced today that it will begin making short term cuts to both union and non-union staff in order shore up the paper that lost $50 million last year. If the company cannot get its spending under control, Hearst said it will put the paper up for sale and if no buyer is found, close the paper. The paper began in 1865.
Hearst announced back in January that the Seattle Post-Intelligencer was up for sale and if a buyer was not found by March it will close the Seattle paper.
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