Eli Broad: I'm Not in Talks to Buy LA Times

The Tavis Smiley show today posted a clip from an upcoming show in which billionaire Eli Broad says he's not aware of any deal under consideration for Tribune Publishing or theLos Angeles Times. Broad was responding to a question from Smiley about the Rupert Murdoch tweet last month saying there was strong talk of such a deal.   "I'm not aware of anything going on," Broad told Smiley. "There is no deal in the works." Broad repeated his position that local ownership would be good for the Times — he drew a distinction between local owners investing in the newsroom and the recent Tribune cuts that reduced the newsroom staff by about 80 people. The full interview airs Dec. 14.