Good morning. Here are 10 media stories.
- Los Angeles Register closes: O.C. Register owner Aaron Kushner immediately ceases publication of the newspaper, which launched in April. “Pundits and local competitors who have closely followed our entry into Los Angeles will be quick to criticize our decision to launch a new newspaper and they will say that we failed,” a memo says. “We believe, the true definition of failure is not taking bold steps toward growth.” (LAT) | That notable bit of Kushner-speak has echoes in this amazing quote from him following buyouts in June: “Everyone says our strategy has failed. Perhaps they should be saying that our strategy has not succeeded?” (OC Weekly) | Another quote! Kushner on the the L.A. Register’s launch: “Only in the newspaper business would someone criticize a business for opening in a market of 10 million people with a great quality product.” (Los Angeles Register) | Justin Ellis called this one yesterday.