News Media, Los Angeles Times | featured news

Rupert Murdoch's News Corporation is looking to bid for the Los Angeles Times, the paper has reported, adding Murdoch is also interested in buying its stablemate the Chicago Tribune from their parent company, the Tribune Company.

The New York Times won two Pulitzer Prizes for commentary and foreign reporting in 2010, while The Los Angeles Times received the coveted public service Pulitzer.

The Los Angeles Times Media Group and U.S. Local News Network Inc. have formed a joint venture that will include launching two news websites aimed at readers and advertisers in Orange County.

A five-part Los Angeles Times series on the futility of government efforts to quell the growing threat of wildfires won a Pulitzer Prize on Monday, and the New York Times claimed five of journalism's highest awards in a year that recognized the watchdog function of the press even as newspapers struggle to survive.