The rest of the economy might be slowly recovering from the great global economic cataclysm, but the death march of daily print journalism continues. Yesterday, the Wall Street Journal—one of the few daily papers that successfully managed the rise of the Internet–reported that Dean Singleton, once a brash corporate raider who gobbled up the LA Daily News, Long Beach Press-Telegram and others, is downsizing his ambitions just a tad. Affiliated Media, Inc, the parent company that owns Singleton's MediaNews Group, Inc., plans to file for bankruptcy protection, citing insurmountable debt.
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Award-winning investigative journalist Nick Schou is Editor of OC Weekly. He is the author of Kill the Messenger: How the CIA’s Crack Cocaine Controversy Destroyed Journalist Gary Webb (Nation Books 2006), which provided the basis for the 2014 Focus Features release starring Jeremy Renner and the L.A. Times-bestseller Orange Sunshine: The Brotherhood of Eternal Love’s Quest to bring Peace, Love and Acid to the World, (Thomas Dunne 2009). He is also the author of The Weed Runners (2013) and Spooked: How the CIA Manipulates the Media and Hoodwinks Hollywood (2016).
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