Friday, March 6, 2009

SF Chron loss closer to $70M per year

The San Francisco Chronicle evidently is losing some $70 million a year, far beyond the “more than $50 million” it claimed when demanding sweeping concessions from its unions under the threat of closing the paper.Based on statements from company negotiators reported by the California Media Workers Guild, the newspaper’s losses in 2008 were approximately 45% greater than previously reported.After

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