What Does Tribune's Dividend Payout Mean for the LA Times?

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Democratic Congressman Henry Waxman says the Tribune Company’s plan to spin off its newspapers threatens the future of the LA Times. Meantime, the conservative publisher of the Orange County Register is starting up a new Los Angeles Register. 

Tim Rutten spent 40 years with the LA Times as reporter, editor and media columnist. He now writes weekly for the LA News Group, which owns the Daily News and other local papers.

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Warren Olney