Ironic flashback photo of the day

YOU Own This Place Now!

Above: Los Angeles Times employee entrance, Dec. 21, 2007. Those signs seemed a bit disingenuous even then, given the structure of the deal to take the Tribune Company private. Now they seem, well, ridiculous.

Update: Ex-Daily News ed Ron Kaye’s thoughtful reaction to TribCo’s bankruptcy filing: It’s the beginning of the end for newspapers, but it’s also a great time to be a consumer/creator of news online. Not sure I’m quite as pessimistic as he is on the first point, but I totally agree with him on the second. (Hat tip: @busblog)

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