Los Angeles Magazine | Truthdig "No, I don't think the paper will fold between now and December," writes Los Angeles Magazine editor (and ex-LATer)
Kit Rachlis. "But I do fear the paper will be so diminished, so crippled, that the chance of saving it will have slipped away. ...For all its flaws, few newspapers have matched the Times' ambition and reach. Now that ambition has vanished." || Related
Chris Hedges essay.
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Cuts at Tribune's Morning Call could equal 25% of news staff |
Memo (MC)
The answer is short-sighted, quarter-to-quarter endeavors to 'maximize shareholder value.'...
