The @latimes "expects to lose MORE THAN HALF OF ITS ADVERTISING REVENUE in the coming months."

If that& #39;s an accurate estimate of the level of bleeding, a lot of newspapers are going to die this summer. https://twitter.com/marcatracy/status/1250131079341760512">https://twitter.com/marcatrac...

An internal memo from the @latimes& #39; Chris Argentieri is even more apocalyptic:

"Due to the unexpected effects of COVID-19, our advertising revenue has ***nearly been eliminated***." https://wwd.com/business-news/media/l-a-times-coronavirus-layoffs-furloughs-media-pay-cuts-1203560963/">https://wwd.com/business-...