“They rescue you one day and the next day they lose interest.”Just how bad is the financial situation at the L.A. Times? The Los Angeles Times is not for sale, despite receiving “many inquiries,” a spokesperson said. The L.A. Times hasn’t been immune, as just last month the paper cut 13% of its newsroom, laying off 74 journalists. The sale of the San Diego Union-Tribune positioned both publications to succeed, a Los Angeles Times spokesperson said. The question now becomes whether the Los Angeles Times can withstand the current trying to pull it under.

Source: Los Angeles Times July 14, 2023 17:36 UTC