L.A. Times to Shrink, Cut Another 150 News Jobs

Tribune Co.'s largest newspaper, the Los Angeles Times, plans to cut about 15% of its news staff and news pages as part of the newly private media company's mandate to slash costs.

The Los Angeles Times, the country's fourth-largest paper by weekday circulation, plans to eliminate about 150 positions from its editorial staff, according to a memo released Wednesday by the paper's editor, Russ Stanton. The newsroom currently has about 840 people, a spokeswoman said. Mr. Stanton also said the number of pages published each week will be reduced by 15%. [Click for MORE]

> Los Angeles Times to cut 250 jobs, including 150 from
newsgathering staff

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New York Magazine Founder Clay Felker Dies at 82

Clay Felker, who revolutionized the magazine genre as founding editor of New York, bringing readers a smart, sassy mix of gossip and news that was replicated relentlessly across the country, died Tuesday. He was 82.

Felker died with his wife, writer Gail Sheehy, at his side at their New York City home after a battle with throat cancer, the magazine said.

"Those of us lucky enough to work in the house that he built are reminded every day of the depth of his genius," New York Editor-in-Chief Adam Moss said. "He created a kind of magazine that had never been seen before, told a kind of story that had never been told." [Click For MORE]

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