David Geffen and the L.A. Times?

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David Geffen and fellow master of the universe, Rupert Murdoch
Is David Geffen going to buy the L.A. Times? The news comes from two blogs: Nikki Finke's and LA Observed.
LA Observed has it from a source who has it from three sources that Geffen is interested in buying it and was close to a deal last week. Nikki Finke has it from a source who says they are in "serious discussions."

















I REALLY hope the LA Times is sold soon to someone
who will actually care about making a good newspaper.
Boy, does the Times need improvement! It needs more
solid investigative reporting, more stories that
actually interest the average reader, and yes, a
larger and BETTER comics section! And they've gotta
quit making budget cuts all the time. If Geffen would
be willing to approach the Times like this, then by
all means, go for it!