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Stock impact report

The New York Post to California: Kiss your quiet goodbye! [Los Angeles Times (CA)]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
That never happened. But this week the Murdoch family announced another sort of L.A. invasion. The family's News Corp. said that early next year it will open the California Post , a West Coast version of the New York Post, the tabloid known for screaming headlines, Page Six gossip and right-of-center politics. An infusion of populism and irreverence The news provoked groans on the left and cheers on the right. But one veteran Los Angeles editor said that — setting politics mostly aside — L.A. and California will benefit from an infusion of tabloid-style populism and irreverence. “I grew up in New York with the tabloids, and they just inject this different energy into the media market,” said Maer Roshan, editor of the Hollywood Reporter and previously Los Angeles Magazine. “I think it's a good thing for L.A. and it's a good thing for L.A. media.” The Post comes to the state at a time when the information landscape is in flux. Facing reduced advertising and weak subscription nu Show less Read more
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