Strike
On December 15, 1967, Herald Examiner employees began a strike that lasted almost a decade and resulted in at least $15 million in losses. At the time of the labor strife, the paper's circulation was about 721,000 daily and it had 2,000 employees. The strike ended in March 1977, with circulation having dropped to about 350,000 and the number of employees to 700. Many veteran reporters left and never returned. As circulation went into free-fall, advertisers were reluctant to use it, and the unions campaigned effectively to its working-class readership, urging them to cancel subscriptions.
Despite Hearst's belated efforts to restore some of the paper's luster, the Herald Examiner went out of business November 2, 1989, leaving the Los Angeles Times as the sole city-wide daily newspaper, though the San Fernando Valley-based Los Angeles Daily News has tried to take its place.
Read more about this topic: Los Angeles Herald-Examiner
Famous quotes containing the word strike:
“If magistrates had true justice, and if physicians had the true art of healing, they would have no occasion for square caps; the majesty of these sciences would of itself be venerable enough. But having only imaginary knowledge, they must employ those silly tools that strike the imagination with which they have to deal; and thereby, in fact, they inspire respect.”
—Blaise Pascal (1623–1662)
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—Sir Walter Raleigh (1552–1618)