Wednesday, May 23, 2007

Zell to sell the Times?

With the Tribune/Times doing so much in the way of changing the LA Times with the loss of long time institutions as recently as this evening, we'll add to the rumor mill...

Rumor has is that the Zell interests are looking at the Tribune properties in Los Angeles to assess their potential value. So, when we mean sell the times, we actually mean the property on which it currently sits. With the recent sale of the Valley's Times facility, a sale of Tribune-owned property would not be too much of a shock to the City, but it would show a lack of commitment to Los Angeles after over a century of growing with and shaping Los Angeles.

Times are changing, indeed.

1 comment:

Malnurtured Snay said...

If it goes the same way the recent purchase of the Baltimore Sun, shortly thereafter, a lot of journalists were standing around with "will write for food".