Another print rag heading for extinction. The SF Chronicle will either be sold or closed if no buyer can be found. The diminishing fortunes of the print media is no surprise. When Journalism is reduced to printing nothing but liberal propaganda, when “truth” and “facts” mean whatever the writer wants them to mean, when the reporting of events are slanted to support a personal or corporate agenda, the result is a loss of readership and a loss of income.
One beltway wag has proposed federal subsidies for the dying papers. If that happens, it only acknowledges what the public already knows: Journalism is dead and now subsists as a governmental/liberal publicity organ.
Here is an except from Yahoo News.
Troubled San Francisco paper in danger of closing
Tuesday February 24, 8:24 pm ET
San Francisco Chronicle to be sold or closed if owner can’t lower expenses dramatically 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.