A secret group of investors bought LA Weekly, then fired most of its writers and editors


On Wednesday, a group called Semanal Media finished its purchase of Los Angeles alt-weekly newspaper LA Weekly — then promptly laid off nine of the 13 members of the editorial staff, including all five editors and all but one staff writer. "We were expecting there to be some pain with the sale," tweeted Mara Shalhoup, who was editor of the publication until Wednesday. "But we weren't expecting the Red Wedding. That's how deep the cuts are." Voice Media Group put LA Weekly, founded in 1978, up for sale in January, saying it was profitable.
Only one of Semenal's investors is publicly known, lawyer and CEO David Welch, and the company was created just to purchase LA Weekly. The company named Brian Calle to manage operations earlier this month; The Wrap describes him as "a conservative-leaning former opinion editor for the Orange County Register." Nobody seems to know what his, or Semenal's, plans are for the newspaper. "I would find it very hard to know what to do in the next few days, given the amount of institutional knowledge that's walking out the door," Shalhoup told the Los Angeles Times. Billionaire Joe Ricketts closed another local news organization, LAist, at the beginning of the month.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Quiz of The Week: 16 – 22 August
Quiz Have you been paying attention to The Week's news?
-
Can Soho House get its edge back?
Talking Point The private members' club has lost its exclusive appeal – but a £2 billion buy-out could offer a fresh start
-
The week's best photos
In Pictures A human pyramid, a church on wheels, and more
-
Trump said to seek government stake in Intel
Speed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to China
Speed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with Disney
Speed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B deal
Speed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance merger
Speed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profits
Speed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new high
Speed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliable
speed read The Labor Department is collecting less data for its consumer price index due to staffing shortages