Los Angeles Times

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Tribune Company Set to Exit Bankruptcy

But it may soon sell off its newspapers

(Newser) - The Tribune Company is set to emerge from bankruptcy today, four years after it filed for Chapter 11 protection as the American economy nosedived. The reorganized multimedia company has a new board of directors that includes plenty of entertainment industry veterans, and profitable assets including eight major daily newspapers and...

Tribune Co. Explores Sale of LA Times, Chicago Tribune

Rupert Murdoch rumored to be interested

(Newser) - What happens when you take the Tribune out of the Tribune Co.? We might be about to find out. The company is actively seeking bankers to help sell off its newspapers—potentially including the Chicago Tribune and LA Times—when it emerges from bankruptcy at the end of the...

'Red-Blooded' Murdoch Eyes LA Times, Tribune

News Corp's CEO 'has an irrational love of newspapers'

(Newser) - The head of the world's biggest news company is eying two crown jewels in American journalism: the Los Angeles Times and the Chicago Tribune. In fact, Rupert Murdoch has been in preliminary talks about buying both papers in a purchase of the Tribune Co., according to executives at Murdoch'...

Devils Stay Alive in Stanley Cup

3-1 win in LA takes series to Game 5

(Newser) - Los Angeles Kings fans went to the Staples Center last night ready to celebrate their team's first Stanley Cup, but the Devils spoiled the party. The New Jersey team beat the Kings 3-1, taking the series to a Game 5 on their home turf. The game was 0-0 at...

Los Angeles Times to Launch Paywall
Los Angeles Times
to Launch Paywall

Los Angeles Times to Launch Paywall

Paper's online content won't be free after March 5

(Newser) - The Los Angeles Times is going behind a paywall next month, joining the ranks of the New York Times, the Wall Street Journal, and most recently, Gannett. (The latter's hasn't gone into effect yet.) The LAT "membership program" will eventually cost $1.99 a week when...

Pulitzer Prizes: Los Angeles Times Wins Key Pulitzer in Public Service
 LA Times Wins Key Pulitzer 

LA Times Wins Key Pulitzer

2011 prizes announced today in New York

(Newser) - The Los Angeles Times took home the coveted public service Pulitzer Prize this afternoon for its exposé of widepsread corruption in the city of Bell, Calif. The piece eventually led to the arrests of eight city officials, including the city administrator, who was pulling down $800,000 a year. The...

Restaurant Photographs, Then Boots Critic

Image posted on blog for industry to see

(Newser) - A Los Angeles Times restaurant critic has been “unmasked” by a feisty restaurant boss, who snapped her picture while she waited for a table and then sent her packing, the Times reports. The restaurant posted S. Irene Virbila’s picture on its Tumblr blog , where it spread like wildfire...

How Frat Boy Hijinks Helped Screw the Tribune Co.

Boss Randy Michaels 'offered $100 to waitress to flash her breasts'

(Newser) - The shockingly sexist frat boy hijinks of top managers of the Tribune Company created an alienating workplace and "bankrupt culture" that helped send the financially troubled media firm into a tailspin, reports the New York Times . Just after radio exec Randy Michaels was hired by billionaire owner Sam Zell...

TMZ Scoops World on Jackson Death

(Newser) - TMZ left its more savory rivals in the dust yesterday, reporting Michael Jackson’s cardiac arrest and death before any other media outlet, the Chicago Tribune reports. The AOL gossip website reported Jackson’s death at 2:44 local time, less than 20 minutes after the singer expired. But many...

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 

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

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 

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...

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