News on LA free daily on September 2

Clyde Davis free-daily blog received an e-mail on the planned free daily for Los Angeles:

“We will make as much of our plan known as possible on September 2nd. Some of the key members of our team were involved with other groups in the Los Angeles market that prevented them from working on competing projects until 9/1/08. The first issues of TFD [The Free Daily] will likely not hit the streets until January 2009, we had originally planned a November 2008 launch…right now we are negotiating to buy a Los Angeles-based publication that will become the cornerstone of the new paper…so in effect our original plans of a start-up have morphed into a re-launch..”

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