Chicago Tribune
Sam Zell, who doesn't read news online, says he believes newspapers and other so-called old media have plenty of profitable life ahead in the age of the Internet. "If you are relevant, people are going to buy the newspaper," he says. "If you're not relevant, then people will stop buying the newspaper and stop advertising and we'll all be in a stew of trouble." More from his interview:
* "To be honest with you, I don't know anything about job cuts. My focus is not to look at this thing and see how we can eliminate one more table leg, because, frankly, eliminating a couple more of this or that isn't going to make this work.
* His favorite columnists are
Charles Krauthammer,
Thomas Friedman and
David Brooks.
* "I don't pay much attention to the LA Times editorial page."
* "You ever been in the department store business? They make reporters look good." || Read the interview
transcript.
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Tribune, Zell took out a risky loan on the future of newspaper biz (WSJ)
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Zell advised to quit paying attention to short-term results (Nieman)
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Burkle, Broad haven't given up, might make new bid for Tribune (NYT)
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Will the next chapter in LAT's ownership saga involve Geffen? (LAT)
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City of big shoulders greets news of Tribune deal with a shrug (LAT)
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Chandlers picked worst possible time in decades to push for a sale (CT)
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LAT reader: "Beware, Sam. The Los Angeles Times will rise again." (LAT)
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Tribune, McCormick Tribune Foundation ties expected to continue (CT)
