financetom
Business
financetom
/
Business
/
NY Post to enter US West Coast with launch of The California Post
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NY Post to enter US West Coast with launch of The California Post
Aug 4, 2025 10:07 AM

Aug 4 (Reuters) - The New York Post Media Group plans to

launch the California Post in early 2026 in print and digital

formats, including a mobile app, the News Corp ( NWSA )-owned

tabloid said on Monday.

Nick Papps, a veteran at News Corp ( NWSA ), has been named the Los

Angeles-headquartered publication's editor-in-chief, the group

said.

The group is known for operating the New York Post and

its entertainment news segment, Page Six.

The California Post's launch comes at a time when the

state's prominent publication, Los Angeles Times, has been

facing turmoil.

The newspaper laid off

more than 20%

of its newsroom staff in January 2024, as it faced

financial losses and leadership exits, including Executive

Editor Kevin Merida and Managing Editor Sara Yasin.

At the time, LA Times' owner, Patrick Soon-Shiong, said the

paper was losing $30 million to $40 million annually.

Last month, Soon-Shiong said he plans an IPO of the

143-year-old publication within the next year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MP Materials Starts Production of Rare Earth Metals, Magnets in Texas; Shares Up
MP Materials Starts Production of Rare Earth Metals, Magnets in Texas; Shares Up
Jan 22, 2025
09:41 AM EST, 01/22/2025 (MT Newswires) -- MP Materials ( MP ) said Wednesday morning it started commercial production of neodymium-praseodymium metal in addition to trial production of automotive-grade, neodymium-iron-boron magnets at its Independence factory in Fort Worth, Texas. With the start of production, the company said the US is moving one step closer to re-establishing a fully integrated, domestic...
Soccer-Amorim says he was being self-critical when calling his team 'worst in United history'
Soccer-Amorim says he was being self-critical when calling his team 'worst in United history'
Jan 22, 2025
Jan 22 (Reuters) - Manchester United ( MANU ) coach Ruben Amorim said he was criticising himself more than the players when he labelled his team as possibly the worst in the club's history after Sunday's 3-1 loss to Brighton & Hove Albion. United, who have lost seven of their 15 matches since Amorim took charge in November, are 13th...
Blackstone, Vista Equity Partners Close $8.40 Billion Smartsheet Acquisition
Blackstone, Vista Equity Partners Close $8.40 Billion Smartsheet Acquisition
Jan 22, 2025
09:42 AM EST, 01/22/2025 (MT Newswires) -- Blackstone (BX) and Vista Equity Partners have completed the acquisition of Smartsheet in a deal valued at about $8.40 billion, Smartsheet said Wednesday. Smartsheet shareholders are entitled to get $56.50 in cash for every Smartsheet common share they owned immediately before the take-private deal completion, the company said. Smartsheet said its stock has...
C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details
C3 AI Teams Up With McKinsey For AI-Driven Business Transformations: Details
Jan 22, 2025
C3 AI, Inc. shares are trading higher on Wednesday. The company disclosed a strategic alliance with McKinsey & Company at Davos to accelerate Enterprise AI transformations. The partnership combines McKinsey’s AI expertise through QuantumBlack with C3 AI’s advanced Enterprise AI software to drive operational improvements and offer new growth opportunities for clients across industries. Also Read: Tech Stocks Rise After...
Copyright 2023-2026 - www.financetom.com All Rights Reserved