LAT In 90 Seconds
FitzSimons Resigns: Tribune Co. CEO Dennis J. FitzSimons is stepping down as soon as Sam Zell completes his deal to take the company private — which could be Thursday or Friday. FitzSimons, who slashed budgets at the LAT to the point that two top editors resigned in protest, will likely not be missed much. But who needs a cake and heartwarming stories when you’re making off with $40 million in severance and other payout deals.
More Giant Media Circle Jerks: Viacom Inc.
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