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"Los Angeles Times Executive Editor Kevin Merida Resigns Amid Challenges"

Los Angeles Times owner Patrick Soon-Shiong is facing challenges as the newspaper continues to lose money, prompting the departure of its top editor and potential cost-cutting measures. This reflects a broader trend of billionaire owners struggling to sustain newspapers in the digital age, as seen with Jeff Bezos's Washington Post and Warren Buffett's divestment from newspapers. The future of newspapers may lie in nonprofit models like The Texas Tribune, as traditional ownership struggles to keep the industry afloat.

2 years ago•Source: Business Insider

"Los Angeles Times Executive Editor Kevin Merida's Departure"

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2.205 min•2 years ago

"Los Angeles Times Executive Editor Kevin Merida's Departure"

Kevin Merida, the executive editor of the Los Angeles Times, announced his departure from the company after three years in the role, citing a decision made in consultation with the owner, Patrick Soon-Shiong. The newsroom was reportedly caught off-guard by the announcement. The organization is now conducting an internal and external search for his successor, while the newsroom's senior leadership team will oversee operations in the interim.

via Hollywood Reporter