THE LA TIMES’S OWNER WANTS TO TAKE THE STRUGGLING PAPER PUBLIC. WILL IT WORK? | MARGARET SULLIVAN
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✍️ The Los Angeles Times, once a prestigious newspaper, is struggling to stay afloat despite efforts by its billionaire owner, Patrick Soon-Shiong, to take the paper public.
👉 The LA Times has a long history of journalistic excellence 👉 The paper has faced many challenges, including changes in ownership and a decline in print advertising 👉 The current owner, Patrick Soon-Shiong, has failed to deliver on promises to restore the paper's greatness 👉 The paper is losing tens of millions of dollars a year and is shrinking in staff size 👉 The paper's attempts to go public may not be the solution it needs
-- #DavidHalberstam #PatrickSoon-Shiong #JonStewart #TerryTang #KevinMerida #KamalaHarris #DonaldTrump #MargaretSullivan #WashingtonDC #LosAngeles #NewYork #Chicago #Philadelphia #Boston #Minnesota #Gaza #world
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