Enroute to a post SF Chronicle

It looks like the Chronicle is bleeding red ink and might cease operations if they can’t make “significant” cuts!

In a statement, Hearst said that if the savings cannot be accomplished “quickly,” the company will seek a buyer, and if none comes forward, it will close The Chronicle. The Chronicle lost more than $50 million in 2008 and is on a pace to lose more than that this year, Hearst said.

A couple of writers from wired.com are proposing a mashup to replace the paper.

Imagine what you could do with a daily news organization if you subtract the paper and assume the Internet (and iPhones and Twitter and…). That’s what we said to ourselves around our dinner table the night that the Chronicle news broke. What could San Francisco look like post-Chronicle? We made a wiki, wrote down some thoughts, and released it into the world as the San Francisco Post Chronicle.

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