Take Back the Times: Rutten Column In LAT Pins Martinez To The Wall
It must always be remembered that the Tribune has reached an end point, where a failed management under CEO Dennis FitzSimons must be replaced for the good of the entire enterprise. Just this morning, it's reported that Tribune revenues are sliding and that the decline is a particularly severe 5.1% for the Tribune newspapers.
It's possible, I suppose, that an eventual deal to buy the Tribune, might, as in the McClatchy purchase of newspapers last year, lead to a resale of certain of the assets. In other words, Zell might buy the company and then turn around and sell the L.A. Times portion of it to Burkle and Broad.
Stay tuned. The fun has only begun, but it's certainly made a good start with the demise of Andres Martinez as editorial pages editor.
Sunday, March 25, 2007
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