Screenshot via Variety.com

Variety switches to a weekly format in another shift of the LA media landscape.

The Bible of the entertainment industry has finally succumbed to the realities of the print media business. 

Variety is becoming a weekly publication. The Hollywood Reporter already made a similar move - to its financial benefit. 

Also this week came word that the Tribune Company has two investment banks looking for buyers for its newspaper properties including the Chicago Tribune and the LA Times. 

Guest:  Rick Edmonds, media business analyst for The Poynter Institute.