Recent life at the Los Angeles Times suggests the strained plot lines found in cliché-filled grade-B melodramas sometimes covered by its TV critic, Mary McNamara.
In a single year, the newsroom has seen:
- The publisher bounced amid feuding with the company.
- The company CEO himself then ousted shortly after inviting a tech mogul to buy a chunk of the operation.
- A big purchase thwarted by government lawyers.
- A hostile takeover of the company spurned by the tech mogul.
- The tech mogul inviting a doctor-turned-healthcare Croesus to help save him with an even bigger investment.
- Lots of talk by the hyperkinetic new boss of artificial intelligence and music coverage in Nigeria, bolstering the company’s editorial brands.
- The stock price fluctuating as at least two major shareholders protest rejection of the takeover.