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Strib(Mpls 'Red' Star)union rejects concessions, bkrptcy seems certain (Dinosaur Media DeathWatch™)
MinnPost.com ^ | January 8, 2009 | David Brauer

Posted on 01/08/2009 3:22:49 PM PST by abb

Get ready for a Star Tribune bankruptcy filing.

The newsroom's Newspaper Guild announced today they had ended negotiations with management over concessions. The Strib's owners have said that unless all Strib's unions agree to a specific list of cutbacks, they will file for bankruptcy.

Says Guild co-chair Graydon Royce, "We tried to work this out and this didn't happen. All we can do is go by what they have said, and that [bankruptcy] is what they said will happen. So we'll find out."

Strib publisher Chris Harte has backed away from previous, more subtle bankruptcy threats, but few expect that now. Management earlier set a Jan. 6 deadline for unions to agree to a deal in principle, and a Jan. 16 date for approval. At the moment, I don't know when they will file.

I'll have more in a bit, but here's the memo Royce and co-chair David Chanen just sent to their members:

Guild members —

After several sessions with management, talks on possibly reaching a settlement to modify the contract have ended without agreement.

Management representatives said during a session last night that they saw no reason to continue the discussions and we could not disagree with them.

We will try to answer questions, the best we are able, on what this means for the future, at Friday’s 4:30 p.m. unit meeting.

And please try to attend tomorrow’s send-off for colleagues who have taken the buyout.

Graydon Royce David Chanen


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: advertising; dbm; deathwatch; newspapers; redstar
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Thursday evening good news!
1 posted on 01/08/2009 3:22:49 PM PST by abb
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; backhoe; Bahbah; bert; bilhosty; Caipirabob; ...

ping


2 posted on 01/08/2009 3:23:35 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb
Maybe they should save have saved money by truncating “Bankruptcy” to save ink.

/smart @ss

3 posted on 01/08/2009 3:25:23 PM PST by freedomlover (Make sure you're in love - before you move in the heavy stuff)
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To: abb
Croak little Democrat parrot you can do it, one last croak.
4 posted on 01/08/2009 3:26:29 PM PST by Tarpon (America's first principles, freedom, liberty, market economy and self-reliance will never fail.)
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To: freedomlover

LOL! Had to do that to fit all the stuff in the title line.


5 posted on 01/08/2009 3:26:32 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb
Maybe the unions are on our side. LOL!
6 posted on 01/08/2009 3:26:36 PM PST by San Jacinto
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To: abb

Tee-hee! :)


7 posted on 01/08/2009 3:28:18 PM PST by Diana in Wisconsin ('Taking the moderate path of appeasement leads to abysmal defeat.' - Rush on 11/05/08)
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To: abb

http://www.magazinedeathpool.com/
Country Home: RIP January 2009

http://recoveringjournalist.typepad.com/recovering_journalist/
Looking to the Future

http://newsafternewspapers.blogspot.com/
How to save the Times, continued


8 posted on 01/08/2009 3:30:36 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

My spouse worked for the Washington Star in the 1970s. The Newspaper Guild killed the paper after 130 plus years. Some things never change.


9 posted on 01/08/2009 3:32:52 PM PST by Jacquerie (Had the SS shouted "Allah Akbar" at Auschwitz, would the Bill of Rights have protected Nazism?)
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To: abb

http://www.portfolio.com/news-markets/top-5/2009/01/07/Time-Warners-25-Billion-Writedown
Time Worser
The news from Time Warner is bad. The implications for the wider industry — including Web properties — is worse, much worse.

http://www.hollywoodreporter.com/hr/content_display/finance/news/e3i41ac0111ebdf3010b3a99ea53fd0aeda
Media industry made most cuts since 2001


10 posted on 01/08/2009 3:39:01 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Gee why don’t these unions buy the newspaper? I am sure they can run it properly/darc


11 posted on 01/08/2009 3:39:04 PM PST by dynachrome (Barack Hussein Obama yunikku khinaaziir)
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To: Tarpon

Maybe I’ll get to witness the Stribs official death next week! 12 years of living there and hoping it would die and 1 year after I leave its hopefully kicking the bucket.


12 posted on 01/08/2009 3:39:57 PM PST by MNlurker
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To: abb

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003928594
‘Buffalo News’ Offers Buyouts to Hundreds of Employees

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003928453
‘Hattiesburg American’ Publisher Out, 38 Jobs Cut

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003928483
‘Hernando Today’ Cuts Back to Five Days

http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_content_id=1003928541
‘Albuquerque Journal’ to Cut Some Home Deliveries, Rack Sales


13 posted on 01/08/2009 3:41:44 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

very helpful. look for the union label... in the trash!


14 posted on 01/08/2009 3:44:24 PM PST by GeronL (intermitten freeper)
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To: abb

Via con Dios.


15 posted on 01/08/2009 3:46:59 PM PST by Eric in the Ozarks
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To: abb

http://www.broadcastingcable.com/article/CA6627854.html
CES: Disney-ABC To Step Up Interactive Television Efforts
Network may be creating widgets for ‘Good Morning America’ and ‘Lost’


16 posted on 01/08/2009 3:50:59 PM PST by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Lucky Minneapolis! One last trip to the Tarpits.

Pray for W, America and Our Troops


17 posted on 01/08/2009 3:53:19 PM PST by bray (Gov Palin isn't ready for the District of Corruption)
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To: abb
Strib(Mpls 'Red' Star)union rejects concessions, bkrptcy seems certain...

Now what would the "Red" Star write about any other company trying to wring a profit out of the little union guys doing the actual work?

Shame on you "Red Star"!

18 posted on 01/08/2009 4:05:00 PM PST by RJL
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To: abb
Get ready for a Star Tribune bankruptcy filing.

WHAT???

The Star/"Sickle" isn't going to promote a "personal wealth redistribution" to keep their unabashed communistic and socialist freedom destroying propaganda alive?

19 posted on 01/08/2009 4:07:07 PM PST by EGPWS (Trust in God, Question everyone else)
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To: bray
Lucky Minneapolis!

I wouldn't go THAT far....

The destruction of the "Star/sickle" is one prick of a porcupine Quill into liberalism in Minnesota.

20 posted on 01/08/2009 4:10:53 PM PST by EGPWS (Trust in God, Question everyone else)
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