The Los Angeles Downtown News might soon have a new owner. After 44 years, its editor and publisher Sue Laris on Friday announced the free weekly paper is up for sale.
Laris co-founded the Downtown News in 1972 with her then-husband Jim Laris.
“One of the reasons Downtown is special among community newspapers is because it is located in the heart of Los Angeles,” Laris wrote in a column on the paper’s website. “This publication has helped strengthen other entrepreneurs and supported civic ventures, and we’ve given an ear, a hand, and plenty of ink to those who needed it.”
She wrote that it prints 40,000 papers a week that get distributed to nearly 800 locations in 16 neighborhoods around the city. Laris also touted the paper’s “vibrant website,” its weekend newsletter and social media presence, and high-end annual magazines.
Laris did not disclose the price for the company or any anticipated staffing changes that would take place while searching for a potential buyer. Laris could not be reached for comment at the time of publication.
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