If the Tribune Co. breaks up with the Los Angeles Times the local paper won’t lack for suitors.
Philanthropist Eli Broad, music and movie mogul David Geffen and former supermarket magnate Ron Burkle have sent separate letters, expressing interest in buying the paper.
So far, the Trib is playing all pre-breakup Denise Richards/Charlie Sheen, saying no split is imminent, so back off Sambora. But people on the inside know that he’s still carousing and she’s still drinking and, let’s face it, the magic’s gone.
Former Mayor Richard Riordan said, “It would be in the best interests of Tribune and the best interests of Los Angeles if a sale was completed.”
We agree. What could possibly go wrong when billionaires with no newspaper experience buy their very own Fourth Estate?