Media: Times' Shakeup # 2,143

As reporting goes, this is pretty cheesy (on my part), but what the heck: daily journalism being essential to a viable community life, you need to know that

A source told E&P [Will LAT's Stanton Replace O'Shea? (E&P)] that Russ Stanton is the frontrunner to replace James O'Shea, who was fired over the weekend in a shakeup at the Los Angeles Times. 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. Forbes: The honeymoon is over at Tribune, writes Louis Hau. NYT: The ousted editor of the Los Angeles Times on Monday offered a scathing critique of the newspaper industry and specifically his longtime employer, the Tribune Company, arguing that cost cuts, a lack of inve stment and an aversion to serious news was damaging the business. LAT: Tribune Co. chairman Sam Zell on Monday backed Los Angeles Times publisher David D. Hiller's decision to replace the newspaper's editor. LA Observed: O'Shea's remarks to newsroom. E&P: Former Los Angeles Times editor John Carroll said the weekend dismissal of editor Jim O'Shea "affects morale." Chicago Tribune: Hiller said in an interview Monday that he would "love to say we can spend more or spend the same every year, and I don't th ink that's realistic" given the economic realities of the news business.

This comes from MediaBistro's Daily Media News Feed, essential reading for anyone in journalism, tv or public relations in any of the municipalities where such crimes occur.