Los Angeles Times editor James O'Shea was fired just 14 months after he assumed the post, over a budgetary disagreement with publisher David Hiller, according to a person familiar with the situation. Mr. O'Shea's exit comes little more than a month after the Times' parent company Tribune Co. was taken private in a $8.2 billion buyout. Chicago real estate magnate Sam Zell won effective control in the buyout and became chairman and CEO of Tribune. The Chicago-based company owns several newspapers, including the LA Times, the Chicago Tribune and Newsday, as well as a chain of TV stations. A Tribune spokesman couldn't immediately be reached for comment.
Mr. O'Shea, who had been editor of the LA Times since November 2006, is the third successive editor of the paper to leave over budgetary issues. His predecessor, Dean Baquet, was ousted rather than make cuts requested by Tribune's then management. In July 2005, John Carroll had quit under similar circumstances.
Before joining the LA Times, Mr. O'Shea was a managing editor of the Chicago Tribune. [WSJ]
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