The bottom line with the LA Times is that the reporters and editors can't fix the bottom line. That is supposed to be the business side. You can't write your way into a great ad package. Yet the writers and editors are the ones being laid off.
The business model for newspapers in my adult life has been "Something happened--probably an iceberg! QUICK! Jettison the lifeboats!" Sales are off, get rid of whatever's the most popular thing. Gee, these comic strips look expensive.The business model for newspapers in my adult life has been "Something happened--probably an iceberg! QUICK! Jettison the lifeboats!" Sales are off, get rid of whatever's the most popular thing. Gee, these comic strips look expensive.
Not just the LA Times. No *business* can “save” its way to profitability by firing the people who create its product or service. Vultures, OTOH, can seize/sell assets and squeeze the remains until there is nothing left. Then on to the next ROI opportunity.
Why is the advertizing model for "funding" media not questioned? I am confused.