LA Times Publisher On the Stand in Tribune Company Bankruptcy Case
LA Times publisher Eddy Hartenstein took the stand today in the Tribune Company bankruptcy trial. Bloomberg was on site and filed a short dispatch describing Hartenstein’s testimony.
We found this little section especially revealing:
Hartenstein said the bankruptcy has prevented the company from keeping up with the rest of the publishing industry by consolidating operations, and has prevented the company from effectively pursuing new ventures with potential media partners.
“We are hampered and hobbled by the fact that we are still in bankruptcy,” Hartenstein said at the beginning of questioning by attorneys for Tribune.
Hmmm,
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