Tuesday, May 12, 2009
SAN DIEGO The San Diego Union-Tribune today named news executive Ed Moss as its president and publisher effective May 18.
Moss will be responsible for the day-to-day management of the business, as well as efforts to stabilize financial performance and increase revenue, the newspaper reported.
"There's a terrific opportunity here to create value with a highly differentiated product that delivers real value to readers and advertisers," Moss said in a statement. "Our biggest challenge will be to grow a business that has been shrinking for some time. That means maximizing current revenue streams and identifying new ones."
Moss most recently was president and chief executive officer of the Los Angeles Newspaper Group, which is responsible for nine Southern California daily newspapers owned by Denver-based MediaNews Group. Before that, he was president and publisher of the Akron Beacon Journal.
Today's announcement comes a week after The Copley Press said it completed its sale of the newspaper to Beverly Hills-based Platinum Equity. The Copley Press had owned the Union-Tribune since 1928.
Like other major dailies across the country, the newspaper has seen its revenue plummet during recent years because of online competition for readers and advertisers alike.
Since taking over the Union-Tribune, Platinum Equity has given layoff notices to 192 employees. The layoffs, which include a number newsroom jobs, go into effective July 6.