Wednesday, April 9, 2008

Zell: Journalists Are 'Overhead'

Listen Now [4 min 52 sec]

"This is the first unit of Tribune that I've talked to that doesn't generate any revenue. So all of you are overhead," [Tribune boss Sam] Zell said during the late February meeting with editors and reporters for the company's Washington bureau.

Most reporters and editors who cover the government don't consider themselves overhead — they describe themselves as fulfilling a key role newspapers play in a democratic society.

But Zell doesn't stand much on ceremony. He has already fired a bunch of executives at his Chicago headquarters and said he wants immediate, radical change at the company's 11 daily papers and 23 TV stations. [Click for MORE]

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