“Our California News Group, which includes the Los Angeles Times and the San Diego Union-Tribune, is a cornerstone of our company's portfolio and a key component to our success in the future,” the board said in a statement released Thursday.
It also reiterated its support for Tribune Publishing Chief Executive Jack Griffin and for Timothy E. Ryan, who was appointed publisher of the two newspapers Sept. 8.
Ryan replaced Austin Beutner, who was fired, in part because of a clash over whether the California papers should remain within the newspaper chain.
Griffin defended his decision to fire Beutner in an interview with the Chicago Tribune on Friday, saying the former Wall Street investment banker wasn't on the same page as the rest of the company when it came to keeping Tribune Publishing profitable amid industry turmoil.
Griffin declined to cite specific disagreements, but sources said the tension between the two escalated when L.A. billionaire Eli Broad made an overture in recent weeks to buy The Times and the Union-Tribune.
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