Who Owns the LA Times? A Tale of Billionaires and Newspapers
So, you're wondering who's the big cheese behind the Los Angeles Times, huh? Well, let's dive into this juicy piece of media gossip.
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| Who Owns The Los Angeles Times |
A Quick History Lesson (or at least a quick skip through it)
Before we get to the current owner, let's do a quick recap. It's like watching a really long, boring movie, but we'll keep it snappy. The LA Times has had more owners than a cat has lives. It's been passed around like a hot potato (but less fun). There were the Chandlers, who owned it for a while and probably named a dog after the paper. Then came the Tribune Company, who seemed more interested in drowning in debt than running a newspaper.
Tip: Read once for gist, twice for details.
The Billion-Dollar Buy Out
Now, for the juicy part. The real owner of the LA Times is a guy named Patrick Soon-Shiong. He's a billionaire biotech investor, which means he's really good at making money from tiny things that you can't see. He bought the LA Times in 2018, probably because he thought it would look good on his yacht or something.
QuickTip: Read line by line if it’s complex.
Some people say he's a visionary, trying to save journalism. Others say he’s just another rich guy playing with a toy. We'll let you decide.
QuickTip: Repeat difficult lines until they’re clear.
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But Wait, There's More!
It's not just about who owns the paper, it's about what they do with it. Soon-Shiong has talked a big game about investing in the LA Times, but actions speak louder than words. We'll have to wait and see if he can turn this grand old newspaper into a thriving digital media empire. Or if it'll just be another expensive paperweight.
Note: Skipping ahead? Don’t miss the middle sections.
How to...
- How to become a newspaper owner? Well, first, you need a billion dollars. Then, you need to know how to write really small print.
- How to read the LA Times? Start at the top, and keep going until your eyes hurt. Or just read the headlines.
- How to impress your friends with newspaper trivia? Mention the Chandler family, drop the name Patrick Soon-Shiong, and pretend you know what a Pulitzer Prize is.
- How to survive the apocalypse with a newspaper? Use it as a weapon, a blanket, or toilet paper. Priorities, people.
- How to write a catchy headline? Use big, bold words and promise something scandalous.
So there you have it, a brief and mostly accurate overview of the LA Times' ownership. Stay tuned for more exciting developments in the world of journalism (or not).
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