When a group of local investors bought the Santa Rosa Press Democrat, the unionized news staff invested, too.
Guild member Derek Moore and new Press Democrat CEO signed a three-year labor contract that guarantees no lay-offs for the life of the contract. The Press Democrat was purchased on November 8th by a group of local investors.
A North Bay investment group bought the Press Democrat after guaranteeing no layoffs for three years and promising to focus on high-quality community journalism.
Your Guild bargaining committee met today with Steve Falk, representative of Sonoma Media Investments, to discuss the outline of a possible new labor agreement at the Press Democrat after the investment group completes its purchase of the paper.