LA Times to merge with Chicago Tribune

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After more than 100 years of local ownership, LA's major source of news and information is about to be taken over by out-of-town interests. The Chandler family has decided to sell the LA Times to the Chicago Tribune. Out goes controversial Times-Mirror president Mark Willes, who cut back and sold off other properties as he tried to break down the "wall" between advertising and editorial. In comes a company with 22 TV stations, along with cable and satellite holdings giving it access to 75% of America's TV households. The deal makes LA the nation's largest city without a locally-owned metropolitan daily. Guests include Steven Brill of Brill's Content magazine on journalism, reporter Henry Weinstein of the Los Angeles Times, and Jim Squires, a former Chicago Tribune editor and author of Read All About It: The Corporate Takeover of the America's Newspapers, Jeff Borden of Crain's Chicago Business report.
After more than 100 years of local ownership, LA's major source of news and information is about to be taken over by out-of-town interests. The Chandler family has decided to sell the LA Times to the Chicago Tribune. Out goes controversial Times-Mirror president Mark Willes, who cut back and sold off other properties as he tried to break down the "wall" between advertising and editorial. In comes a company with 22 TV stations, along with cable and satellite holdings giving it access to 75% of America's TV households. The deal makes LA the nation's largest city without a locally-owned metropolitan daily. Guests include Steven Brill of Brill's Content magazine on journalism, reporter Henry Weinstein of the Los Angeles Times, and Jim Squires, a former Chicago Tribune editor and author of Read All About It: The Corporate Takeover of the America's Newspapers, Jeff Borden of Crain's Chicago Business report.

Credits

Host:

Warren Olney

Producer:

Frances Anderton