More Consolidation For Southern California Newspapers?

Richard Morgan reports on Platinum Equity:

It’s time for the Southern California newspaper market to consolidate.

This notion was unthinkable when the Chandlers ruled the Los Angeles Times, the Hoiles led The Orange County Register and the Copleys owned The San Diego Union-Tribune-but where are their respective papers today? In bankruptcy, recently out of bankruptcy and for sale, again, after a brief stint in the hands of private equity.

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