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
ping
/smart @ss
LOL! Had to do that to fit all the stuff in the title line.
Tee-hee! :)
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
My spouse worked for the Washington Star in the 1970s. The Newspaper Guild killed the paper after 130 plus years. Some things never change.
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
Gee why don’t these unions buy the newspaper? I am sure they can run it properly/darc
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.
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
very helpful. look for the union label... in the trash!
Via con Dios.
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’
Lucky Minneapolis! One last trip to the Tarpits.
Pray for W, America and Our Troops
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"!
WHAT???
The Star/"Sickle" isn't going to promote a "personal wealth redistribution" to keep their unabashed communistic and socialist freedom destroying propaganda alive?
I wouldn't go THAT far....
The destruction of the "Star/sickle" is one prick of a porcupine Quill into liberalism in Minnesota.
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