The Deal from Hell

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The Deal from Hell Page 44

by James O'Shea


  background of

  Chandler stock sale and

  Chicago Tribune bid of

  as Chicago Tribune investor

  cost cuts required by

  cutbacks of

  ESOP use by

  FCC approval and

  FitzSimons’ relationship with

  Hiller’s relationship with

  investment banker interest in

  Lipinski’s meeting with

  Orlando Sentinel visit of

  plans of

  profane language of

  solvency opinion and

  staff decisions of

  “Talk to Sam” initiatives

  as Tribune Company chairman

  Tribune Company consideration by

  Tribune Company revenues and

  Zimbalist, Efrem (Skip)

  Zocalo cultural forum (Los Angeles)

  Zoned local sections

  Zoning strategy for local news

  Zuckerman, Mort

  Zyman, Sergio

  Award-winning journalist James O’Shea is former managing editor of the Chicago Tribune and past editor-in-chief of the Los Angeles Times, the nation’s largest metropolitan daily. He is the founder and editor of the Chicago Newspaper Cooperative.

  O’Shea has twice won both the Sigma Delta Chi Distinguished Service Award for Washington Correspondence and the Peter Lisagor Award from the organization’s Chicago chapter. His honors also include the Associated Press Managing Editors’ Public Service Award and the National Education Writers Award. Under his leadership, the Tribune’s news staff received six Pulitzer Prizes. (Photo: José Moré)

  PUBLICAFFAIRs is a publishing house founded in 1997. It is a tribute to the standards, values, and flair of three persons who have served as mentors to countless reporters, writers, editors, and book people of all kinds, including me.

  I. F. STONE, proprietor of I. F. Stone’s Weekly, combined a commitment to the First Amendment with entrepreneurial zeal and reporting skill and became one of the great independent journalists in American history. At the age of eighty, Izzy published The Trial of Socrates, which was a national bestseller. He wrote the book after he taught himself ancient Greek.

  BENJAMIN C. BRADLEE was for nearly thirty years the charismatic editorial leader of The Washington Post. It was Ben who gave the Post the range and courage to pursue such historic issues as Watergate. He supported his reporters with a tenacity that made them fearless, and it is no accident that so many became authors of influential, best-selling books.

  ROBERT L. BERNSTEIN, the chief executive of Random House for more than a quarter century, guided one of the nation’s premier publishing houses. Bob was personally responsible for many books of political dissent and argument that challenged tyranny around the globe. He is also the founder and was the longtime chair of Human Rights Watch, one of the most respected human rights organizations in the world.

  For fifty years, the banner of Public Affairs Press was carried by its owner Morris B. Schnapper, who published Gandhi, Nasser, Toynbee, Truman, and about 1,500 other authors. In 1983 Schnapper was described by The Washington Post as “a redoubtable gadfly.” His legacy will endure in the books to come.

  Peter Osnos, Founder and Editor-at-Large

  Copyright © 2011 by James O’Shea.

  Published in the United States by PublicAffairs™,

  a Member of the Perseus Books Group

  All rights reserved.

  No part of this book may be reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles and reviews. For information, address PublicAffairs, 250 West 57th Street, Suite 1321, New York, NY 10107.

  PublicAffairs books are available at special discounts for bulk purchases in the U.S. by corporations, institutions, and other organizations. For more information, please contact the Special Markets Department at the Perseus Books Group, 2300 Chestnut Street, Suite 200, Philadelphia, PA 19103, call (800) 810-4145, ext. 5000, or e-mail [email protected].

  Book design and production by Eclipse Publishing Services

  Library of Congress Cataloging-in-Publication Data

  O’Shea, James ( James E.)

  p. cm.

  Includes bibliographical references and index.

  eISBN : 978-1-586-48865-9

  1. O’Shea, James ( James E.) 2. Journalists—United States—Biography. 3. Newspaper editors—United States—Biography. 4. Los Angeles times—History—21st century. 5. Newspaper publishing—California—Los Angeles—History—21st century. 6. American newspapers—Ownership. 7. Press monopolies—United States. I. Title.

  PN4874.O785A3 2011

  071’.3090511—dc22

  2011009204

 

 

 


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