Yet another signal on what is happening to daily newspaper competition in San Francisco and the Bay Area:
The Contra Costa Times, now a MediaNews/Singleton paper, ran some minimalist stories Friday by George Avalos on the new developments in the new conglomerate that is poised to destroy local newspaper competition, according to a Singleton filing with the Securities and Exchange Commission inWashington.
Among other things, the story disclosed that Hearst made a $299 million equity investment in MediaNews and that MediaNews had “obtained a financing package from a syndicate of lenders that e Read more »