The San Francisco Examiner
For 35 years starting in 1965, the "San Francisco Chronicle and Examiner" operated under a Joint Operating Agreement whereby the "Chronicle" published a morning paper and the "Examiner" published in the afternoon. The "Examiner" published the Sunday paper's news sections and glossy magazine, and the "Chronicle" contributed the features. Circulation was approximately 100,000 on weekdays and 500,000 on Sundays. By 1995, discussion was already brewing in print media about the possible shuttering of the "Examiner" due to low circulation and an extremely disadvantageous revenue sharing agreement for the "Chronicle".
Houston Chronicle
The "Houston Chronicle" was founded in 1901 by a former reporter for the now-defunct "Houston Post", Marcellus E. Foster. Foster, who had been covering the Spindletop oil boom for the "Post", invested in Spindletop and took $30 of the return on that investment — at the time equivalent to a week's wages — and used it to fund the "Chronicle".