It wasn’t that long ago that the paper was doing quite well. When I worked at the Chronicle in 2000, the Hearst Corporation was in the process of buying the Chronicle and unloading the Examiner. Back then, The Chronicle was turning such a good profit that Hearst basically gave the Examiner away to the Fang family with an added bonus of $66 million as a thank you gift. I guess $66 million paled in comparison to what they would be making with the acquisition of the Chron.
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I can’t imagine San Francisco, a city with a population of over 750,000, without a daily newspaper. Sadly, this could be a reality. It breaks my heart that people don’t see a value in what goes into a newspaper and how important newspapers are to our democracy. Without papers, who will be the watchdogs to make sure government serves in the best interest of the citizens? Who will uncover things like the BALCO steroids scandal? What will we start fires and wrap fish with?
All kidding aside, I think there are a lot of people out there that don’t understand where this type of in depth reporting comes from. Well, if you don’t know, newspaper reporters come up with these stories. TV stations do some, but for the most part it is a recycled story from a newspaper. Same goes with radio. Listen to KCBS on any given day and a good percentage of their stories are right out of the morning paper.
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I hope the Chronicle can fight their way through this. People need their jobs and San Francisco needs a newspaper.
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