Jan
29, 2013 Los Angeles Times
Edward Lazarus |
Lazarus, 53, is the first key hire
for Tribune's new chief executive Peter Liguori, who took office this
month. Tribune, parent company of the Los Angeles Times, Chicago Tribune
and KTLA-TV Channel 5 and WPIX Channel 11, emerged from protracted bankruptcy proceedings
Dec. 31 with new ownership and plans to redefine the Chicago-based
company's leadership and direction.
"This is a
company with tremendous opportunities, iconic brands and wonderful
businesses," Lazarus said in an interview. "And I'm excited to work with
a CEO whom I've known for 30 years."
Lazarus and
Liguori, a former Fox and Discovery Communications executive, attended
Yale University together in the early 1980s. They maintained their
friendship over the years, including when Lazarus was a partner at the
law firm Akin Gump Strauss Hauer & Feld in Los Angeles. At the time,
Liguori was a top programmer for News Corp.'s FX and later Fox
networks.
Lazarus, who worked as a federal
prosecutor in Los Angeles in the late 1990s, joined the FCC four years
ago as chief of staff for the agency's chairman Julius Genachowski.
Lazarus served for three years, helping navigate difficult issues
including clashes over Internet access rules and the review of the
Comcast merger with NBCUniversal.
He said he
stepped down from the FCC because "it was time to let someone else take
the reins." He then served as a fellow at the Aspen Institute.
Lazarus'
hiring signals that Liguori and Tribune's new owners, including Oaktree
Capital Management and Angelo, Gordon & Co., are interested in a
top lawyer who is familiar with the inner workings of the FCC. The
company has been lobbying the FCC to repeal cross-ownership rules that
prevent media companies from owning TV stations and newspapers in the
same market.
Tribune currently has an FCC waiver to
allow dual ownership in Los Angeles and Chicago. But those waivers
would not automatically extend to new owners, should Tribune sell its
newspapers in those markets.
Lazarus, who started
Tuesday, said it was too early for him to say whether the company
planned to sell its newspapers. He comes to the job familiar with the
pages of the company's properties, including the L.A. Times. Lazarus
has written opinion pieces and book reviews for the Times. He also has
written two books: "Black Hills/White Justice: The Sioux Nation Versus
the United States, 1775 to the Present" and "Closed Chambers: The Rise,
Fall, and Future of the Modern Supreme Court."
"Eddie
has an incredibly sharp mind, broad legal experience, and he played an
important role at the FCC," Liguori said in a statement. "He is the
perfect fit as our general counsel and will be a tremendous asset to the
company and its media businesses."
Lazarus
succeeds David Eldersveld, who joined Tribune nearly eight years ago and
has served as general counsel since 2010. Eldersveld will remain with
the company as a special advisor.
Visit the Los Angeles Times at: www.latimes.com
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