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Posts Tagged ‘InkStained Retch’

Zell-otry at the L.A. Times

Theddd.JPGThe InkStained Retch sends us this press release:

Merry pranksters scaled a Los Angeles Times building Thursday to unfurl a three-story high banner protesting news cuts by the paper’s owner, real estate billionaire Sam Zell.

The banner was hanging from the historic Times building in downtown Los Angeles. It read: “Zell Hell: Take back the Los Angeles Times.” A website address on the bottom directed the curious to the mysterious protest site by an anonymous Times employee:

“Like many of us, he got in over his head in the mortgage crisis,” said one Times employee who participated in the banner drop. “He can’t afford what he bought. But instead of selling his house, he’s chopping it into pieces.”

The banner was the most dramatic in a series of protests that have broken out at the LA Times and across other newspapers owned by Zell, who took over the Tribune Co. at the beginning of this year.

Since then, Zell has ordered the firings of more than 300 reporters and other workers at the LA Times and slashed the space available to run stories.

The cutbacks have reduced the amount of news, analysis and in-depth reporting available to readers—especially important information during an election year. And it has deprived Southern California of a voice.

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Sam Zell Press Conference Roundup

Tell Zell reports that after missing the Sam Zell/Randy Michaels press conference yesterday, he caught it and was unimpressed:

The entire argument collapses on a single point. No newspaper is losing money. Each paper takes in more cash than it pays out. The problem is, they don’t take in enough money to pay off Sam’s $13-billion debt.

(Extra points go to the InkStained Retch for linking to this Los Angeles Magazine piece.

The Hartford Courant wasn’t any easier on Zell:

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InkStained Retch Reports, Makes News

21zell.190.jpgDidn’t take long for the New York media to catch on to Tell Zell, a blog by a reported LAT employee who blogs the name InkStained Retch. (OK, so it did kinda take them long, but it’s nice that they’re giving the Retch his/her due in today’s New York Times).

For the truly LAT-obsessed, Tell Zell publishes the usual farewell e-mails from laid-off staffers. But then the InkStained Retch goes a step further (way further than anything we’ve ever seen) and prints sections of actual severance packages.

We’re not sure we need this level of intimacy and detail about anything related to Sam Zell, but if you do, it’s right here.