Chronicle Publishing Company
The Chronicle Publishing Company was a print and broadcast media corporation headquartered in San Francisco, California that was in operation from 1865 until 2000. Owned for the whole of its existence by the de Young family, CPC was most notable for owning the namesake "San Francisco Chronicle" newspaper and KRON-TV, the longtime National Broadcasting Company (NBC) affiliate in the San Francisco Bay Area (San Francisco–Oakland–San Jose) television media market.
San Francisco Chronicle
In February 2009, Hearst chief executive Frank A. Bennack Jr., and Hearst President Steven R. Swartz, announced that the "Chronicle" had lost money every year since 2001 and more than $50 million in 2008. Without major concessions from employees and other cuts, Hearst would put the papers up for sale and if no buyer was found, shut the paper. San Francisco would have become the first major American city without a daily newspaper. The cuts were made.