The other shoe drops in Chicago
WELL, THE GOOD news is that Tribune found a buyer. The bad news, for some anyway, is that the Chicago company still owns the Los Angeles Times. Sam Zell (Forbes No. 158), the real estate plutocrat who won the auction, says that he is only in it for the money, and will leave the journalism up to others.
Enter Brunehilde, stage right
AS I WAS finishing an entry about the new L.A. Times front page, the fat lady in Chicago stepped onto the stage and began, as predicted, to sing. That is to say, the Tribune, through its new publisher in Los Angeles, fired Dean Baquet, the editor of the Los Angeles Times, even as the empire continued to fall into pieces.