Sunday, January 18, 2009

CNN Thinking of SF Bureau

CNN, Time-Warner's cable/internet giant, is looking at the possibility of adding a SF Bureau.

Last month, CNN leaked news of it's intent to use it's popular on-line content as competition to the Associated Press, the biggest wire service in the world, with over 3000 employees, reporters, photographers.

However, as newspapers continue to cut costs, amid sagging ad revenue and readership, the cost of AP services is prohibitive; depending on circulation, anywhere from $50,000 to nearly a million a month. Many papers have dropped AP, in spite of its world-wide news content, which includes video and digital media.

CNN quietly invited several newspaper publishers to its Atlanta offices to pitch a proposed news service, similar to AP, but at a significantly lower cost. CNN.COM is one of the most popular news sites on the internet, along with YAHOO, DRUDGE REPORT, and AOL.

In it's pitch, word of opening new bureaus both nationally and internationally was discussed. San Francisco was one of the cities mentioned; CNN operated a bureau here, before closing it over a decade ago.

Watch this site for additional news.

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