California Running Out of Both Money and News

In the San Francisco Bay Area, almost all employees at 22 dailies and weeklies have been asked to take buyouts. The same owner has reduced newspaper staffs in the San Gabriel Valley and the South Bay, with the San Fernando Valley’s Daily News said to be next. The Orange County Register says rising costs and reduced advertising mean it will print less news, and the latest Editor of the LA Times says his first job will be to “shrink the newsroom.” The new owner, Sam Zell, seems to be focused on anyone over the age of 53.