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Tuesday, August 19, 2008

Eddy Hartenstein...new Publisher at LA TIMES steps in sh** first day on job!

The carnival that is Sam Zell's empire...

Amid declining sales revenue and lack of readership interest in the LA TIMES, the Southern California daily has struggled to stay fiscally healthy in recent months.

To combat the growing problem - heads have not only rolled - but there have been massive cuts in the editorial department which seriously undermine the paper's ability to compete in the ever-changing print and multi-media landscape.

On Monday, the new publisher - Eddy Hartenstein - stood before stalwart staffers with the specific intent of assuring the disgruntled, the disillusioned - and the plain old tired and weary - that with his hand at the helm the paper's woes may turn around.

He's basing that assumption on the fact that he was a local boy who knows the marketplace.

That may be true.

But, he obviously knows nothing about office politics.

After all - in his speech to staff members yesterday - he asserted bold-faced that he was not going to let Sam Zell (Tribune Publishing ) micro-manage his new star.

Ooops!

Hartenstein made his first big mistake.

Never cast aspersions on your "boss" - not in public - at least!

I give him twelve months.

Nice knowin' 'ya, Eddy!

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