Monday, September 18, 2006

Los Angeles Times in Danger

Half of the American people have never read a newspaper. Half never voted for President. One hopes it is the same half.
Gore Vidal, writer

The worse thing that can happen to the Los Angeles Times is to have it sold to a bunch of billionaires in Los Angeles headed by Eli Broad, philanthropist and founder of insurer SunAmerica, and supermarket magnate Ronald Burkle. Entertainment industry mogul David Geffen is making his own offer, according CNN Money. I have no doubt that if either group got control they would take a very hands-on effort to control editorial content.

The state of journalism is in real trouble and I believe the root of all the troubles is the Federal Communications Commission lifting of the concentration of media ownership rules. A further disgusting development is former FCC chairman, Michael Powell’s alleged destroying of a study that suggested greater concentration of media ownership would hurt local TV news coverage. See Anything they Say for the complete post.


Janet said...

I think the new generation represents how seriously print media is hurting. Most kids today never pick up a newspaper. Think about it. They dont live in a world where they have reason to. This doesnt mean they arent all interested in news, it just changes the face of the way we get it.

Anonymous said...

I agree that they may be still be interested in news, but the depth of the news they are receiving may be questionable.

The Misanthrope

Chandira said...

That's why we have to blog.

Chandira said...

LOL.. Or not. I was just thinking about where I get most of my 'news' from, people like Hector Vex.. ;-)