Historically! Important!

This was announced yesterday on the Government News Network:

An historic new written agreement which will radically transform the relationship between central and local government and which sets out unprecedented new freedoms for local areas and communities has been signed by Communities Secretary Hazel Blears and LGA Chairman Sir Simon Milton today.

The agreement is called a Concordat. Seriously. It's like Napoleon suddenly started working in Whitehall. So, wow, and everything, sounds important. So why has no-one reported it today? Is this the legislative equivalent of crying wolf?