Zell is cutting back the Time staff further and reducing its page output by another 15%. How much more can it and the city and world that it used to serve proudly take? That's a reduction in staff over the past few years of 50%. 50% editorial! When will somebody step in? The fact is newspapers, combined with the web, are still profitable. Will they turn insane profits like they used to? No, but should that really matter? Aren't they as much a public service as a "profit center"?
There are a lot of uber rich people in Los Angeles who allegedly care about the city and the Times. Anybody out there care enough?
Here's what the blog-la-sphere is saying...
Thursday, July 03, 2008
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