Quantcast


Last updated: February 20. 2013 2:32AM - 148 Views

Story Tools:

Font Size:

Social Media:

(AP) The union representing journalists at Philadelphia's two major newspapers says the papers' owners might liquidate the company if they can't get new labor contracts.


Newspaper Guild leaders are meeting Thursday with executives of the group that owns The Philadelphia Inquirer and Daily News.


Guild officials say Interstate General Media threatened to sell assets or liquidate the company unless it gets new agreements with all 11 unions by Friday.


Ten unions have been working without contracts since October. The current Guild contract expires next October.


Several powerful local business leaders formed Interstate General Media to buy the financially troubled newspapers in April. It's the fifth company to own the media outlets since 2006.


A spokesman for Interstate did not immediately return a request for comment.


Associated Press
Comments
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus



Featured Businesses


Poll



Info Minute



Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com