Los Angeles Times

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Cash-Strapped Papers Take Scribes Off Trail

Some mourn loss of perspective; others find blogs are OK substitute

(Newser) - The decline in the number of writers attached to presidential campaigns is “striking,” the New York Times reports—with only five newspapers trying to follow the candidates full-time. With per-person travel costs at $30,000, or more, a month, cash-strapped outlets are choosing not to foot the bill....

Story Linking Diddy to Tupac Shooting a Hoax

'FBI reports' lead back to longtime con man, says Smoking Gun

(Newser) - The Los Angeles Times was duped into reporting that associates of Sean “Diddy” Combs were involved in the 1994 shooting of rapper Tupac Shakur, the Smoking Gun reports. The paper based last week's story on FBI reports fabricated by a long-time con man who has long sought to insinuate...

LA Times Picks: Obama, McCain
LA Times Picks: Obama, McCain
OPINION

LA Times Picks: Obama, McCain

Calls Obama 'an inspiring candidate,' McCain 'genuine'

(Newser) - The Los Angeles Times today endorsed Barack Obama and, with some qualifications, John McCain, in party nominations. While either Democratic hopeful “would make a strong nominee,” it wasn’t hard to pick the one “most focused on steering the nation toward constructive change,” it writes. “...

LA Times Shakeup: He Said, He Said
LA Times Shakeup: He Said, He Said

LA Times Shakeup: He Said, He Said

Editor who may have quit, publisher who may have fired him disagree

(Newser) - In announcing that James O'Shea was leaving the LA Times, publisher David Hiller said the paper's top editor was "unable to make the hard choices" involved in budget-cutting. But the rift may run deeper: O'Shea tells the Wall Street Journal his ideological differences over how to save a sinking...

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?

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
Zell Seals $8.2B Tribune Deal

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

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

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
Shareholders
OK Tribune Takeover

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
Trib Deal Could Come Undone

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

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...

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