Who Owns the LA Times? A Tale of Billionaires and Newspapers
So, you wanna know who owns the LA Times? Well, buckle up, buttercup, because this is a story filled with more twists and turns than a Kardashian reality show. Let's dive into the world of billionaire newspaper owners.
From Times Mirror to Tronc to... Soon-Shiong?
Once upon a time, there was a company called Times Mirror, and they owned the LA Times. They were like the Brad Pitt and Angelina Jolie of the publishing world - golden couple, right? But then, along came the Tribune Company, who decided they wanted in on the Hollywood glamour. They bought Times Mirror, and the LA Times became part of their empire.
Now, let's talk about a real rollercoaster. The Tribune Company went through a rough patch. We're talking debt, bankruptcy, and even selling the Chicago Cubs. It was like a real-life episode of "Billions" but without the fancy suits.
Enter the White Knight
Just when things looked bleak for the LA Times, a knight in shining armor (or at least a very wealthy one) appeared. Patrick Soon-Shiong, a biotech billionaire, swooped in and bought the paper in 2018. It was like a fairy tale ending, right? Well, maybe not entirely.
Soon-Shiong has brought his own brand of drama to the paper. There have been tensions, changes, and a whole lot of speculation about his plans for the LA Times. But one thing's for sure, he's certainly made the paper a lot more interesting.
So, Who's Really in Charge?
To sum it up, the LA Times is currently owned by Patrick Soon-Shiong. But remember, in the world of media ownership, things can change faster than you can say "breaking news." So, who knows what the future holds for the paper? Only time (and maybe Soon-Shiong) will tell.
How To...
- How to become a newspaper owner? Well, aside from winning the lottery, you'll probably need a pretty hefty bank account.
- How to read the LA Times? You can find it online, in print, or by asking a really old person if they still have a subscription.
- How to write a newspaper article? Start by learning the difference between "your" and "you're."
- How to survive the newspaper industry? Develop a thick skin, a love for caffeine, and a knack for finding new revenue streams.
- How to impress a newspaper owner? Probably by knowing who owns the LA Times and having a really good business plan.