Times 'expecting a really bad fourth quarter'

latimes-east-face-tighter.jpgLos Angeles Times veteran pressman and blogger Ed Padgett sat down with The Frying Pan, the new blog from the Los Angeles Alliance for a New Economy, and said the pressroom has been told the paper's bosses are "expecting a really bad fourth quarter." That would certainly fit with the bad economic vibes felt across California, and goes along with the chatter that Times suits are reeling from how little movie advertising is coming their way. If the ad forecast for fall is so bad, it could also explain why other print newsrooms have slowed hiring (or worse.) For what it's worth, Padgett said a senior vice president told the pressroom "we’ve got three years more of printing the hard copy Times before they shut it down. Our plant manager says five years." Times spokeswoman Nancy Sullivan replied that there are no current plans to stop printing on paper.

Add Padgett: In the piece, he describes how layoffs have reduced membership in the pressroom union that workers voted in four years ago. A decertification vote failed in June, he said, while more than 50 grievances remain against the company. You might remember, he was suspended and threatened with firing a year ago, then reinstated.


More by Kevin Roderick:
Ralph Lawler of the Clippers and the age of Aquarius
Riding the Expo Line to USC 'just magical'
Last bastion of free parking? Loyola Marymount to charge students
Matt Kemp, Dodgers and Kings start big weekend the right way
LA Times writers revisit their '92 riots observations
Recent LAT stories on LA Observed:
LA Times writers revisit their '92 riots observations
Los Angeles more worldly since '92, LA Times 'more insular'
More recommended media coverage of the riots
Fiction does have a winner at LA Times Book Prizes
LA Times geography throws USC a curve

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook