TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Is Rupert Murdoch Eyeing the LA Times?

The Wall Street Journal seems to think so.

People familiar with the situation say Mr. Murdoch has long eyed titles such as the Los Angeles Times, whose parent company, Tribune Co., is due to emerge from bankruptcy in coming months. In the interview, Mr. Murdoch played down his interest in the paper, saying it would have to be looked at “closely,” citing regulatory restrictions, among other things.

The news came at the same time Murdoch announced his intention to peel off News Corp.’s newspaper assets into a separate corporate entity from its entertainment holdings. Once that move is completed, his new print company plans to go on an “acquisition” spree. Normally we’d be terrified at that prospect. But with Douglas Manchester sizing up newspapers up and down California, we’d actually be somewhat relieved to see Murdoch take over.

Mediabistro Course

Content Marketing 101

Content Marketing 101Starting September 8, get hands-on content marketing training in Content Marketing 101! Through a series of webcasts, content and marketing experts will teach you the best practices for creating, distributing and measuring the results of your brand's content, including how to develop a content marketing plan, become a content marketing and more. Register now!