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Jim Romenesko
Your daily fix of media industry news, commentary, and memos.
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Times-Picayune's Monday paper
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News Journal evacuated
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USAT's "Smokestack Effect" wins again
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Los Angeles Times
Ron Burkle and Eli Broad believe they can avoid layoffs or other cutbacks at the Los Angeles Times and other Tribune papers under their plan. Some are skeptical, including Los Angeles attorney George Kieffer. "My own concern is still whether resources are going to be put into the paper," he says. They debt they would take on could "necessitate the same kinds of financial constraints on the paper" that raised concerns about Tribune's management of the Times last year.
> Tribune board has a lot to consider, not much to be happy about (NYT)
> Sloan doesn't see Tribune board rushing to approve B&B's offer (WP)
> Some analysts expect board to reject B&B and Chandler offers (USAT)
> Carlyle offer could conceivably prove the most attractive (Tribune)
> Trib execs who lose their jobs could be in for a handsome payday (LAT)
Posted at 10:34 AM on Jan. 19, 2007
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