Earlier this month CNN invited about three dozen print editors to Atlanta to discuss the viability of a new news service that would be a lower-cost version of Associated Press. About 100 U.S. newspapers have served the required two-year notice to leave AP, principally because of rates.
The results of the Atlanta gathering were seemingly mixed. A number of smaller papers appear interested, but the larger markets don't appear publicly convinced ---- although it should be noted they haven't seen a service yet and also know the economics of their business are so challenged that dropping AP may be a necessity in years to come.
The San Francisco Chronicle has an update on the CNN option. CNN is saying a decision on whether to proceed will be made within weeks, not months.