Tuesday, May 30, 2006

Hearst Corp. moves into new corporate HQ

While employees at the Chronicle pinch pennies, parent company Hearst Corp. has moved into a $700 million, 46-story glass tower that Business Week says "is about as modern as it gets." The new headquarters' "morphing of art deco with the contemporary will also underscore Hearst's efforts to adapt its Old Media holdings for the Digital Age," the magazine said. "It's just great to complete the chief's vision of the future," Hearst CEO Victor F. Ganzi said, referring to William Randolph Hearst. "We like to think we built a 21st century office for a 21st century company."

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