Biotech billionaire buys Los Angeles Times for $500 million
The agreement between Los Angeles biotech billionaire Dr. Patrick Soon-Shiong and Tronc Inc. represents the latest instance of a rich individual purchasing a newspaper from a big corporation. By Brian Melley Associated Press February 08, 2018. LOS ...
Tronc selling Los Angeles Times to investor Patrick Soon-Shiong
NEW YORK (CNNMoney) - The owner of the Los Angeles Times has reached a deal to sell the paper to biotech billionaire Patrick Soon-Shiong, bringing the paper back under local control for the first time in nearly two decades. Tronc, the Chicago-based ...
Turmoil at LA Times Has Newsroom In a Tailspin
What emerged was an unflattering portrait of a journalist who often alienates people who work for him. The piece also noted that D'Vorkin quickly cycles through jobs, including positions at the New York Times, USA Today, the Wall Street Journal and Forbes.