Current:Home > StocksSignalHub-Los Angeles Times executive editor steps down after fraught tenure -WealthSphere Pro
SignalHub-Los Angeles Times executive editor steps down after fraught tenure
Indexbit View
Date:2025-04-10 11:29:57
LOS ANGELES (AP) — The SignalHubexecutive editor of the Los Angeles Times announced Tuesday that he is stepping down after a 2 1/2-year tenure at the newspaper that spanned the coronavirus pandemic and three Pulitzer Prizes, as well as a period of layoffs and contentious contract negotiations with the newsroom’s union.
Kevin Merida’s last day will be Friday. He and Dr. Patrick Soon-Shiong, the paper’s owner, “mutually agreed” on the departure, according to statements released Tuesday.
“Today, with a heavy heart, I announce that I am leaving The Times,” Merida wrote to the staff. “I made the decision in consultation with Patrick, after considerable soul-searching about my career at this stage and how I can best be of value to the profession I love.”
The Times won three Pulitzer Prizes under Merida’s leadership. The journalism veteran joined the storied newspaper in June 2021 after leading an ESPN unit focused on race, culture and sports.
The LA Times Guild, the paper’s union, released a statement wishing Merida well, calling him “a smart and thoughtful leader under extraordinarily difficult circumstances.”
The union’s leadership group, the Unit Council, informed members it would work with Soon-Shiong to find a successor who “can bring vision and clarity to The Times in the months and years ahead.”
Soon-Shiong said he and leaders in the newsroom will look at candidates inside and outside the company to replace Merida.
The news organization has fallen well short of its digital subscriber goals and needs a revenue boost to sustain the newsroom and its digital operations, the Times said.
Soon-Shiong acknowledged “persistent challenges” facing the Times and said “it is now imperative that we all work together to build a sustainable business that allows for growth and innovation of the LA Times and LA Times Studios in order to achieve our vision.”
Soon-Shiong and his family acquired the Times nearly six years ago from Tribune Co., restoring the 142-year-old institution to local ownership after more than a decade of cost-cutting and staff exodus.
Merida, who turns 67 this month, spent three decades in traditional newsrooms, including 22 years at the Washington Post, where he rose to managing editor in charge of news, features and the universal news desk. He was deeply involved in the Post’s online push that led to sustained subscriber growth, gaining insights that Soon-Shiong and journalists hoped would translate into his success at the Times.
Merida’s departure comes after a rocky year and a devastating round of layoffs last summer that eliminated 13% of newsroom positions. On the business side, the Los Angeles Times Studios — once seen by Merida as a key area of growth — was significantly scaled back.
“I am proud of what we accomplished together during my tenure here, and grateful to Patrick Soon-Shiong and family for the opportunity to help transform The Times into a modern, innovative news media company for a new generation of consumers,” Merida wrote. ”We’ve made tremendous progress toward that goal, and I am hopeful that progress will continue.”
veryGood! (4)
Related
- Travis Hunter, the 2
- Man accused of walking into FBI office, confessing to killing Boston woman in 1979
- Analysis: Novak Djokovic isn’t surprised he keeps winning Grand Slam titles. We shouldn’t be, either
- Fukushima nuclear plant’s operator says the first round of wastewater release is complete
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- When does 'Welcome to Wrexham' Season 2 come out? Release date, trailer, how to watch
- A Montana man who was mauled by a grizzly bear is doing well but has long recovery head, family says
- 1958 is calling. It wants its car back! Toyota Land Cruiser 2024 is a spin on old classic
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- US moves to advance prisoner swap deal with Iran and release $6 billion in frozen Iranian funds
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- NFL Week 1 winners, losers: Dolphins, 49ers waste no time with sizzling starts
- Lose Yourself in the Nostalgia of the 2003 MTV VMAs
- Dodgers embrace imperfections as another October nears: 'We'll do whatever it takes'
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- France, Bangladesh sign deal to provide loans, satellite technology during Macron’s visit to Dhaka
- World War II veteran from Rhode Island identified using DNA evidence
- MSU football coach Mel Tucker could face monumental fall after sexual harassment allegations, reporter says
Recommendation
The Super Bowl could end in a 'three
India and Saudi Arabia agree to expand economic and security ties after the G20 summit
Norway’s intelligence agency says the case of arrested foreign student is ‘serious and complicated’
Bosnia court confirms charges against Bosnian Serb leader Dodik for defying top international envoy
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Fighting intensifies in Lebanon’s largest Palestinian refugee camp despite attempted truce talks
Tropical Storm Jova causes dangerous surf and rip currents along coasts of California and Mexico
Prosecutors drop charges against Bijan Kian, a onetime business partner of Michael Flynn