
June 6th, 2008
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| Senior Member | | Join Date: Sep 2007
Posts: 23,628
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Tribune's Zell zeroes in on bloated papers, staffs
June 6th, 2008 05:00 AM - The Chicago Tribune is going on a diet, and its reporters — those that remain after a coming purge — are going to be in for a workout. Tribune Co. Chairman Sam Zell and his top assistants disclosed Thursday they plan to cut the size of their newspapers. With advertising in a steep decline, they said the step is needed to trim printing and distribution costs that account for 88 percent of all overhead. How much the papers will be reduced was not specified on a conference call with the company’s creditors.
BY DAVID ROEDER droeder@suntimes.com Click here to read the article...
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