Los Angeles Times

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Times to Ax 300 Jobs, Local News Section

(Newser) - Amid growing gloom in the newspaper business, the Los Angeles Times plans to lay off 300 workers and shelve its local news section, LA Observed reports. Foreign and national news will be downplayed to fit local stories into the front section, the publisher said in a memo today. Seventy newsroom...

Big Day a Windfall for Newspapers

Huge demand for special editions

(Newser) - Newspapers expect a multi-million-dollar windfall in extra sales to people who want a keepsake of Inauguration Day, and publishers are gearing up to make the most of it, Bloomberg reports. The Washington Post is  jacking up its price to $2, and the New York Times, USA Today and other publications...

The Bell Tolls for Journos
 The Bell Tolls for Journos 
COMMENTARY
Dec 12, 2008 9:32 AM CST

The Bell Tolls for Journos

Explosion of web content and staff cuts marks the end of an era

(Newser) - With the flurry of firings and buyouts at the nation’s newspapers, "it certainly feels like the end of days," writes Julia Klein in Obit. But while much has been made of lofty topics such as "the fate of democracy" and "journalism's core civic and watchdog...

Tribune Company Files for Bankruptcy

Financing billions in debt becomes too onerous in down economy

(Newser) - The Tribune Company filed today for Chapter 11 bankruptcy protection, due to mounting debt and an inability to pay interest in the floundering economy, the Wall Street Journal reports. Tribune’s profits declined 83% in the third quarter, making it difficult to finance $12 billion in debt. The company has...

Tribune May File for Bankruptcy This Week

Saddled with debt, media company looks at Chapter 11

(Newser) - The Tribune Co. has hired a financial adviser to help it file for bankruptcy as early as this week, the Wall Street Journal reports. Facing $12 billion in debt and shrinking profits, the owner of the Chicago Cubs and several newspapers has also brought in legal counsel to guide it...

Zell 'Clueless' About Journalism and Democracy
Zell 'Clueless' About Journalism and Democracy
OPINION
Dec 2, 2008 3:37 PM CST

Zell 'Clueless' About Journalism and Democracy

What he's done to, and says about, Tribune Co. shows fundamental misunderstanding

(Newser) - Sam Zell may or may not turn the Tribune Company around, but his ownership has crippled “real newsgathering,” Peter Osnos writes in the Daily Beast. “If Tribune goes down, he will still be very rich,” Osnos continues, “but he will have presided over the evisceration...

McCain Camp: LA Times Is Suppressing Obama Video

Paper accused of concealing candidate's links to Palestinian scholar

(Newser) - The McCain campaign is accusing the Los Angeles Times of shirking its journalistic duty by sitting on a tape of Barack Obama speaking at a 2003 dinner in honor of a Palestinian-American scholar and activist. The Times—which wrote about the tape in an April article on Obama's ties to...

LA Times Endorses Obama
  LA Times Endorses Obama 
Oct 18, 2008 8:53 AM CDT

LA Times Endorses Obama

Democrat's 'character and temperament' are what country needs

(Newser) - The Los Angeles Times today endorsed Barack Obama for president “without hesitation,” citing his combination of “grace under pressure” and “passion to inspire the best within us.” His campaign was at first lit by the newness of his personal narrative, but “as the presidential...

LA Times Staffers Sue Zell for Trashing Tribune

Boss not shooting straight: lawsuit

(Newser) - A group of current and former Los Angeles Times journalists is suing the Tribune Company for recklessly mismanaging the chain of newspapers, the Wall Street Journal reports. The suit claims billionaire boss Sam Zell has trashed the company in a hunt for quick profits, destroying the value of their pension...

Former DirecTV Exec Is New Publisher of LA Times

Eddy Hartenstein takes helm in tough times

(Newser) - Eddy Hartenstein, former head of DirecTV, will become publisher of the Los Angeles Times on Monday, the paper reports. Hartenstein will be coming aboard the paper during a downturn for the industry—and for the LA Times in particular—with readership of the paper down to 774,000 from 1....

LA Times Insider Launches Anti-Zell Blog

Anonymous journo bashes paper's owner as heads keep rolling

(Newser) - Heads continue to roll at the Tribune Company, but one staffer is aiming to prove the pen is mightier than Sam Zell's ax, reports the New York Times, with new blog TellZell.com. The site is airing the gripes of Tribune's disgruntled journalists, and is finding plenty of fodder—from...

LA Times Publisher Exits
 LA Times Publisher Exits 
Jul 15, 2008 2:08 AM CDT

LA Times Publisher Exits

Tribune Co. loses another top-level staffer as it prepares for big job cuts

(Newser) - A bad day for the Tribune Company got even worse yesterday with the resignation of Los Angeles Times publisher David Hiller, Reuters reports. Hiller is leaving after less than 2 years with the paper as Tribune owner Sam Zell prepares to cut jobs again and reduce pages at his papers....

Chicago Tribune Editor Resigns Amid Cutbacks

Ann Marie Lipinski ends 7-year run in job 'not the fit it once was'

(Newser) - Chicago Tribune editor Ann Marie Lipinski handed in her resignation today after 7 years in the top post at the Tribune Company's flagship paper. Lipinski's departure comes a week after the 161-year-old newspaper told its staff it would eliminate about 80 newsroom jobs amid a broad effort to cut costs...

Zell Deserves Jail for 'Dumbed Down' Papers
Zell Deserves Jail for 'Dumbed Down' Papers
OPINION
Jun 11, 2008 12:35 PM CDT

Zell Deserves Jail for 'Dumbed Down' Papers

'Visiting Visigoth' trashes serious journalism at LA Times

(Newser) - Sam Zell isn't just diminishing the great newspapers he bought in acquiring the Tribune Company, Harold Meyerson writes in the Washington Post—he's doing a grave disservice to cities that have supported the likes of the Los Angeles Times. "Zell has taken bean counting to a whole new level,...

Sam Zell: Saving Newspapers, or Burying Them?
Sam Zell: Saving Newspapers, or Burying Them?
Analysis
Jun 9, 2008 5:58 AM CDT

Sam Zell: Saving Newspapers, or Burying Them?

News cuts may stem advertising losses or hemorrhage them

(Newser) - Sam Zell and his Tribune Company announced last week that they would trim 500 pages of news each week from the conglomerate's dozen newspapers, including the LA Times and the Chicago Tribune. But is a paper split 50-50 between news and ads the solution for an industry in crisis? The...

Honey, I'm Shrinking the Tribune Papers

Zell plans to slice pages to offset $13B debt

(Newser) - Publisher Sam Zell has announced he'll quickly slash pages and more editorial jobs to offset huge debts and  a larger-than-anticipated decline in advertising revenue at his newspapers, including the Los Angeles Times and Chicago Tribune. An 80-page edition of the Tribune could be sliced to 48 pages, reports the Chicago ...

Newspaper Circulation Off 3.6%
 Newspaper Circulation Off 3.6% 
Apr 28, 2008 4:37 PM CDT

Newspaper Circulation Off 3.6%

USA Today , WSJ only big names to buck accelerating downward trend

(Newser) - Newspaper circulation contracted the past six months as competition from Internet sources and cutbacks in advertising decreased sales, Bloomberg reports. Circulation dropped 3.6% for the industry as a whole, with only USA Today and the Wall Street Journal enjoying slightly increased circulation among the 25 largest papers. "The...

Times Officially Retracts Tupac Shooting Story

Paper clears site of article, reporter's chat and blog posts

(Newser) - The Los Angeles Times today formally retracted its story that had an FBI informant implicating Sean "Diddy" Combs in a 1994 assault on fellow rapper Tupac Shakur. The paper previously apologized and reported that documents key to the March 17 story appeared to have been a hoax; it said...

Zell Turns to Radio Talent to Shake Up Newspapers

Tribune chief hiring radio veterans to help company

(Newser) - New publishing mogul Sam Zell is recruiting colorful veterans from the radio industry in a bid to help save his struggling Tribune Company, the Wall Street Journal reports. Zell is hoping the imports will spark innovation at the company, whose debt has swelled to $12.8 billion amid declining newspaper...

LA Times Apologizes for Diddy-Tupac Story

Paper admits it was based on fake FBI documents from con man

(Newser) - The Los Angeles Times today admitted the paper was duped in its story alleging that Sean "Diddy" Combs was connected to the 1994 murder of fellow rapper Tupac Shakur. The reporter and editor responsible for the story apologized and said parts of it were based on FBI records that...

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