This process should tell us whether the money people believe metropolitan dailies have much life left. Tribune, which is expected to emerge from bankruptcy protection at year end, is looking for a banker to help sell its eight newspapers which include the Chicago Tribune and the Los Angeles Times, Bloomberg reports. Rupert Murdoch is known to be interested in those two papers as he prepares to split off News Corp‘s publishing operations — including The Wall Street Journal and New York Post — into a publicly traded company. Last week Murdoch said that WSJ Managing Editor Robert Thomson will run the publishing group, which will retain the News Corp name. (The company with the entertainment assets will be called Fox Group.) Thomson said he intends to “lead a broader revenue renaissance for quality content.” In addition to the Chicago and Los Angeles papers, Tribune owns the Baltimore Sun, Sun Sentinel of South Florida, The Orlando Sentinel, The Hartford Courant, The Morning Call, and The Daily Press. It also owns 23 television stations.


Shut down the Los Angeles Times and do a West Coast version of the New York Post/Page Six. It’s about time that Los Angeles had a newspaper that focused on the entertainment industry.
They took the L.A. Times which use to be a good/sometimes great paper and turned it into dreck. Then want to get rid of it because it isn’t a good/sometimes great paper with a large circulation. Self fullfilling prophecy. They should have left it alone. But no. Somebody always thinks they can do better. And then when they destroy it try to fob it off on someone else.
I said that yesterday. Relaunch the paper in a tabloid format and expand entertainment and the sports section. LA has 9 sports teams and may soon get 10 with the NFL.