Magazine article Editor & Publisher

Source: Stanton to Replace O'Shea at 'L.A. Times'?

Magazine article Editor & Publisher

Source: Stanton to Replace O'Shea at 'L.A. Times'?

Article excerpt

In a wide-ranging discussion today, a source close to Los Angeles Times executives told E&P (on a not for attribution basis) that Russ Stanton is the frontrunner to be appointed editor to replace the just-ousted James O'Shea.

Stanton has been innovation editor at the paper since January 2007, and is in charge of editorial content at latimes.com. Before that he was business editor.

The source also asserted:

-- Publisher David Hiller did not cut the newsroom budget, but rather kept it flat after O'Shea had requested a $4 million increase. During an Olympic year and a presidential campaign, if O'Shea wanted to step up coverage he would have to cut elsewhere to do it. -- Some financial numbers: In 2006, the paper's cash flow was about $240 million. In 2007 it was approximately $195 million, he said.

-- In 2008 there is a $35 million budget gap that needs to be filled, so there are going to be cuts somewhere. -- Hiller is going to shake up the business side too, making some structural changes. …

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