San Francisco Chronicle might have to shut down within weeks - VentureBeat
Tue, Feb 24th, 2009
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The San Francisco Chronicle, the San Francisco Bay Area’s largest newspaper, may have to be shut down if it can’t lay off a significant number of employees within weeks, its parent company Hearst said in an announcement.
This is just the latest announcement in an industry that is reeling from a downturn in readership and advertising - where several bankruptcies have been announced over the past few days, including the Philadelphia Inquirer.
None of us in the industry can be surprised by this...
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