Double whammy today in the Los Angeles Newspaper Group world. First, holders of the company-wide Media News Group credit card, called P-Cards, were notified to stop using the cards at least until tomorrow:

To all P-Card Users,

We have been notified by Wells Fargo that our credit limit has been exceeded today. We have enacted an early pay down that will be effective as of midnight tonight. Please refrain from using your P-Card until tomorrow morning.

We regret any inconvenience that this might cause.

Affecting more employees is the announcement that LANG will close its Valencia printing plant, meaning that the papers printed there will now be outsourced. The Daily News and Long Beach Press-Telegram will be printed at Southwest Offset Printing in Gardena, which already prints the Daily Breeze. The San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News will now be printed at the Register in Orange County. LANG CEO Ed Moss: "Outsourcing our printing will enable us to reallocate vital resources to our editorial and advertising sales efforts and refocus on our core mission of being the premium local content provider in the communities we serve."

© 2003-2009   •  About LA Observed  •  Email the editor
LA Biz Observed
4:03 PM Fri | CBS and ABC have far bigger fish to fry - namely whether their stations can get back the auto and retail advertising that fell off a cliff in 2009.
Native Intelligence
Phil Wallace | Searching for answers after a third loss this year.
Deanne Stillman | Jihad and cash offers meet American soldiers during the Gulf War, and beyond.
Iris Schneider | After a tough year financially, the Museum of Contemporary Art put on a gala party to celebrate with 1,000 of its closest friends.
Bill Boyarsky
One of the last of Doug Ring’s many good deeds was a visit to the Los Angeles Times editorial board with members of Housing LA, an organization advocating affordable housing for the thousands of residents being forced out of the city by high rents.
Jenny Burman
Thinking more about buying less.
Here in Malibu
The close-up.
Sponsors
Jewish Journal logo
The California Wellness Foundation
Playa Vista ad
Blogads

Blogads Los Angeles network

Get RSS Feeds
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.




Add to Google