Murdoch’s paper love: LA Times next?
Rumors of Rupert Murdoch’s interest in buying The New York Times have been swirling for ages, and maybe the media mogul would have snapped up the venerable paper by now were it not for the Sulzbergers.
But there’s always a consolation prize, and this one’s from the West Coast. Variety writes that Murdoch could be interested in buying The Los Angeles Times and has been talking “fervently” about making a play for the paper.
And that would surely be an easier purchase to pull off, given that LA Times’ owner Tribune is in the middle of a Chapter 11 bankruptcy. Maybe Sam Zell, who owns Tribune, would be more willing to sell the paper to a fellow mogul than the Sulzbergers.
Keep an eye on: