Billionaires Wanted to Save the News Industry. They’re Losing a Fortune.

Billionaires Wanted to Save the News Industry. They’re Losing a Fortune.

The New York Times - Business:

Time magazine, The Washington Post and The Los Angeles Times — owned by Marc Benioff, Jeff Bezos, and Dr. Patrick Soon-Shiong — are still losing money.

This post first appeared in The New York Times - Business. Read the original article.