FishbowlNY
 
Receive mediabistro.com's Daily FishbowlNY Feed via email
Freshbooks


Daily Media Newsfeed Click here to receive mediabistro.com's Daily Media Newsfeed via email.

Thursday, Jul 03

Tales of the Tribune Co.: 'Deep Cuts' Now a Reality at LA Times

la_times.jpgJust because it's not a surprise doesn't make it less painful. Yesterday LA Times editor Russ Stanton sent a memo out to staff announcing that the paper intended to cut 250 jobs, including 150 new ones, by Labor Day. In addition, the paper intends to reduce the total amount of pages it publishes by 15%: Stanton says the number one reason people cancel the paper is because they say "they don't have enough time to read the paper that we give them every day."

You all know the paradox we find ourselves in: Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money.
The "difficult and painful" changes are part of the larger measures Sam Zell's Tribune company announced last month. Stanton's full memo after the jump.


Colleagues:

You all know the paradox we find ourselves in: Thanks to the Internet, we have more readers for our great journalism than at any time in our history. But also thanks to the Internet, our advertisers have more choices, and we have less money. Add to that a poor economy, particularly for us in the California housing market, and you quickly see why a wave of cutbacks has swept through newsrooms this year from New York to Santa Ana.

We are not immune. As David Hiller mentioned in his memo last week we are embarking on another round of cost cutting. I deeply regret to report we will be reducing the size of our editorial staff, both print and Web, by a total of 150 positions, and reducing the number of pages we publish each week, by about 15%.

These moves will be difficult and painful. But it is absolutely crucial that as we move through this process, we must maintain our ambition and our determination to produce the highest-quality journalism in print and online, every day.

Through all of our changes, we continue to give readers terrific coverage, whether it's the continuing collapse of the housing market, public pools that have been taken over by gangs, or the controversy surrounding liver transplants at one of our most prestigious hospitals. We've provided insight into the historic presidential campaign, and we've delivered exclusive, on-the-scene looks at the brutal repression in Zimbabwe and the continuing war in Iraq. The future of The Times, in print and on the Web, depends on that kind of journalism -- exclusive, original, excellent. We will not retreat from that commitment.

I don't yet have all the details on the reductions to come, but we expect to complete these moves by Labor Day. We'll provide more information, including the severance terms, as soon as we can. As part of this process, we will be combining the print and Web staffs into a single operation with a unified budget.

I appreciate your patience, understanding and cooperation during this difficult time. John, Davan and I, and the rest of the senior editing team, will be available to answer your questions. With more than 700 people, we will remain one of the largest and best newsrooms in the country. And we will continue to be a strong and formidable presence in the business we so dearly love.


Russ Stanton
Editor
Los Angeles Times

new on mediabistro.com

The Future of Social Media with Chris Anderson

The editor of Wired explains how to create a social network that works.
Watch the video

Email This Post

Fill out the following information and click on the Send button in order to send this post, Tales of the Tribune Co.: 'Deep Cuts' Now a Reality at <em>LA Times</em>, to a friend.
Friend's name
Friend's email address
Your name
Your email address
Note to your friend (optional, max 200 Characters)

Read more on FishbowlNY >

Interested in advertising on FishbowlNY?

Our Blog Network

TVNewser

PRNewser

GalleyCat

UnBeige

MobileContentToday

MobileMarketingToday

MobileDevicesToday

MobileAppsToday

AgencySpy

FishbowlDC

FishbowlLA

FishbowlNY

FishbowlNY: A blog about New York media

Managing Editor:
Rebecca L. Fox
Co-Editors:
Noah Davis
Glynnis MacNicol
Contributing Editor:
Diane Clehane

  FBNY twitter feed loading...

View twitter directly

Follow FishbowlNY via Twitter

Email:
About
Syndication

Anonymous Tips


Archives

October 2008

September 2008

August 2008

July 2008

more...


Recent

Facebook COO: 'People Are Using Our Product to Protest Our Product. That's Good.'

SF Chronicle Ed.: 'There Are a Number of Advantages to Being Out Here'

Guideposts Editor: '[People] Want to See Themselves in the Magazine'

Categories

About

About Us - Modules

Acquisitions

Advertising

Alternative Weeklies

AMC 2006

AMC 2007

AMC 2008

Awards

Beijing Olympics

Books

Bottom Feeding

Breaking News

Circulation

Daily Angle

Dissecting NPR

DNC '08

Election '08

Ellies '08

Fashion Week

Fishbowl Initiatives

FishbowlNY Poll

International

Keith Kelly Distilled

Lunch

Magazines

Markets & Media

Media Companies

Media Events

Media Lookbook

Media Minutiae

Media People

Memopad Distilled

Movies

New Media

News

Newspapers

NYT in 90 Seconds

Obituaries

Parties

Pop Culture

Radio

RNC '08

Scandals

Scholarly Pursuits

Strike Watch

SXSWi '08

The Crystal Ball

The Revolving Door

The State of Journalism

Time 100

TV

Video

Links

AdAge

Beet.tv

BusinessWeek | Fine on Media

Buzz Machine/Jarvis

The Colbert Report

The Corsair

Daily Show

Editor & Publisher

Ed2010

Folio:

Gawker

Gothamist

Guardian America | Media

HuffPo | Sklar/ETP

IWantMedia

Jossip

Marketwatch | Friedman

Mediapost

Media Wire Daily

NY Daily News | Gatecrasher

NY Mag | Daily Intelligencer

NY Observer | The Media Mob

NY Post | Keith Kelly

NY Sun

NYT | Business

The Onion

Paid Content

Portfolio | Bercovici

Poynter | Romenesko

Radar

Radosh

Rex Hammock

Silicon Alley Insider

Slate | Jack Shafer

Wall Street Journal

WaPo | Media Notes

James Wolcott

WWD

Forum

New York Issues 27 topics
Drop-in Wed 9/24 Beginner Merengue & Bachata Class (1) 9/24/2008
SALE 1-On-1/Couples/Wedding Private Dance Lessons (1) 9/24/2008
Renting a room in NYC (8) 9/24/2008
Eastgate Films, LLC Write-A-Scene (1) 9/22/2008
more... - post new topic

Subscribe

Click here to receive the Daily Media News Feed by email.

Job Listings

Featured Listings

Vice President New Business Development
NYC Television Production Company
New York, NY

Sr. Production Designer
CNN New York
New York, NY

Assistant/Associate Web Editor - Fine Woodworking
The Taunton Press
Newtown, CT

Art Director
Westport Magazine
Westport, CT

Upcoming


Personal Branding Redefined
With Julia Allison, Loren Feldman, and Gary Vee.
October 7

Advanced TV News Reporting
Create a more complete demo reel.
October 7

Recipe Writing
Craft recipes for magazines and cookbooks.
October 7


ADVERTISEMENT


mediabistro.com l Member Benefits l Jobs l Freelance Marketplace l Courses l Events l Forums l Content
mediabistro Blogs: Media News l TVNewser l GalleyCat l UnBeige l FishbowlNY l FishbowlLA l FishbowlDC l mbToolbox l PRNewser l AgencySpy l MobileAppsToday l MobileContentToday l MobileMarketingToday l MobileDevicesToday
Site Map l Advertising/Sponsorships l Partners l About Us l Contact Us/Help

JupiterOnlineMedia

internet.comearthweb.comDevx.commediabistro.comGraphics.com

Search:

Jupitermedia Corporation has two divisions: Jupiterimages and JupiterOnlineMedia

Jupitermedia Corporate Info


Legal Notices, Licensing, Reprints, & Permissions, Privacy Policy.

Web Hosting | Newsletters | Tech Jobs | Shopping | E-mail Offers