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:
“We are the men of intrinsic value, who can strike our fortunes out of ourselves, whose worth is independent of accidents in life, or revolutions in government: we have heads to get money, and hearts to spend it.”
—George Farquhar (1678–1707)
“... no one knows anything about a strike until he has seen it break down into its component parts of human beings.”
—Mary Heaton Vorse (1874–1966)
“Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.”
—John Kenneth Galbraith (b. 1908)