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Sen. Kerry Holds Newspaper Hearings

Sen. John F. Kerry, D-Mass., will hold hearings in Washington, D.C., beginning April 30 to consider the economic problems facing the newspaper industry, The Boston Globe reported. At present, many newspapers are in bankruptcy protection or seeking cost-savings, including The Boston Globe and The San Francisco Chronicle, which have threatened to close or sell if certain union concessions are not made.

Sen. Benjamin L. Cardin, D-Md., introduced a bill last month that would allow newspaper companies to restructure as nonprofits.

"America's newspapers are struggling to survive -- and while there will be serious consequences in terms of the lives and financial security of the employees involved, including hundreds at the Globe, there will also be serious consequences for our democracy where diversity of opinion and strong debate are paramount," Kerry wrote in a letter sent to union leaders Friday.

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