SF Chronicle Cuts Deal With Hearst

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Two quick updates for those watching the demise of American newspapers. First, the 146-year-old Seattle Post-Intelligencer will publish its last print edition tomorrow. After that, it will be published online only. Hearst failed to find a buyer after putting the P-I up for sale in January. The P-I will be the largest daily to convert into a solely digital format, leaving Seattle with just one print newspaper, the Seattle Times.

Another Hearst property, the San Francisco Chronicle, appears to be safe… for now. One of the Chronicle‘s two employee guilds has reached an agreement with Hearst that will allow the paper to continue publishing both in print and online. Guild members (which include the Chronicle‘s editorial, art, and marketing staff) voted 333-33 to accept terms that will result in at least 150 layoffs and buyouts. The terms will also reduce sick and vacation time and lengthen the standard workweek, but will secure “up to a year’s pay and healthcare” for those who are forced out. The agreement is the result of 10 days of negotiations, with guild members suggesting various proposals to reduce layoffs such as employee ownership.

WE CAME UP SHORT.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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