Los Angeles Times – News Stories About Los Angeles Times - Page 4

LA Times Loses 3rd Editor to Budget Disputes

Jan 21, 2008 4:32 AM CST

LA Times Loses 3rd Editor to Budget Disputes

It's déjà vu for bigwigs: O'Shea is forced out after refusing cutbacks

(Newser) - The top editor of the Los Angeles Times has been fired after a confrontation with publisher David Hiller over $4 million in planned newsroom cutbacks, reports AP. James O'Shea's departure after just 14 months marks the third time in less than three years that the paper's top editor has left...

Where Are the A-Listers in Writers Strike?

Jan 2, 2008 1:00 PM CST

Where Are the A-Listers in Writers Strike?

Staying out of it—despite SAG's solidarity message

(Newser) - Although the writers strike has drawn many B-list and small-screen actors to the picket lines, A-listers have nearly all avoided publicly taking sides, notes the Los Angeles Times. The big stars may be in the awkward position of working on movies, despite their union's pledge of solidarity with the Writers...

Zell Seals $8.2B Tribune Deal

Dec 20, 2007 1:16 PM CST

Zell Seals $8.2B Tribune Deal

Vows sweeping change at now-private media company

(Newser) - Billionaire Sam Zell today sealed his bid to buy Tribune Co., proving wrong all Wall Street naysayers since his original $8.2 billion offer last April. Zell steps in as CEO and chairman, and promises sweeping reforms to the way the now-private media conglomerate will be run, the Chicago Tribune ...

Why Sam Zell
Is Still High
on Tribune

Nov 10, 2007 6:24 PM CST

Why Sam Zell Is Still High on Tribune

Ducati-riding magnate tells the New Yorker his deal's golden

(Newser) - Billionaire real estate magnate Sam Zell, legendary for turning around distressed properties, is likely to have his riskiest play—the struggling media giant Tribune—in his hands by year’s end. The financials have only gotten worse since he made the deal, but the "extravagantly confident" Zell isn't showing...

Smoking Has Its Price, and It's $1,200 a Year

Oct 10, 2007 6:26 PM CDT

Smoking Has Its Price, and It's $1,200 a Year

Writer blasts newspaper's owner for ‘tobacco use fee’

(Newser) - A South Florida Sun-Sentinel writer is crying foul over his newspaper's parent company charging a “tobacco use fee”—a health plan add-on that punishes employees for smoking. Michael Mayo says he “was completely shocked” to learn his employer would extract $100 a month from any employee who...

Shareholders
OK Tribune Takeover

Aug 21, 2007 1:41 PM CDT

Shareholders OK Tribune Takeover

But analysts say Zell's bid should be lowered

(Newser) - The Tribune Co.’s shareholders approved Sam Zell's $8.2 billion takeover today, nudging the publisher one step closer to private ownership. But some analysts remain skeptical that the deal will go through as planned—the company’s declining profitability since the April announcement has triggered speculation that the...

Trib Deal Could Come Undone

Aug 20, 2007 3:21 PM CDT

Trib Deal Could Come Undone

Wall Street unsure of Zell takeover will go through

(Newser) - The Tribune Company’s shareholders are meeting tomorrow to approve Sam Zell’s $8.2 billion takeover, but whispers persist on Wall Street that the deal will crumble. A disappointing stock price, concerns about the fading newspaper business, and a sagging credit market have convinced some analysts that Zell’s...

Geffen, Zell
Talk Deal
For LA Times

Apr 5, 2007 3:13 PM CDT

Geffen, Zell Talk Deal For LA Times

Geffen wants it; Zell has $13 billion in debt to pay down

(Newser) - David Geffen wants to get his hands on the LA Times, and he's optimistic that he may yet succeed after talking to Sam Zell, the feisty real estate mogul who bought the Tribune Company Monday. The two discussed both a spin-off and a joint venture partnership, sources close to the...