The company, which says it plans an initial public offering next fall, announced on Thursday that it would seek to raise up to $500 million selling private shares to investors.
Category: Los Angeles Times
-
L.A. Times Owner Says He Will Take Newspaper Public in Next Year
Dr. Patrick Soon-Shiong did not share details about the planned offering. The newspaper has not been profitable under him, and his job cuts have angered staff.
-
Los Angeles Times Owner Wades Deeper Into Opinion Section
Dr. Patrick Soon-Shiong’s public comments and actions, including recently blocking an editorial weighing in on President-elect Trump’s cabinet picks, have concerned many staff members.
-
L.A. Times Owner Plans ‘Bias Meter’ Next to Coverage
Dr. Patrick Soon-Shiong said that he planned to introduce the tool, which he said would appear next to the paper’s news articles and opinion pieces, in January.
-
Daughter of L.A. Times Owner Says Endorsement Decision Stemmed From Harris Stance on Gaza War
After the paper canceled its planned endorsement of Kamala Harris, the owner, Patrick Soon-Shiong, said his daughter didn’t speak for the organization. But many staff members questioned his motives.
-
Washington Post Says It Won’t Endorse a Presidential Candidate
Will Lewis, the company’s chief executive, said the paper was “returning to our roots” of not endorsing presidential candidates.
-
L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race.
-
Walter Arlen, Holocaust Refugee and Belated Composer, Is Dead at 103
After fleeing Vienna, he was a music critic and teacher before returning to composing in the 1980s. His memories of Nazi barbarism inspired his music.
-
L.A. Times Names Terry Tang as Executive Editor
Ms. Tang, who had been running the news organization on an interim basis since January, takes charge at a turbulent time for the publication.
-
Los Angeles Times Owner Clashed With Top Editor Over Unpublished Article
The owner, Dr. Patrick Soon-Shiong, had raised concerns with Kevin Merida, who stepped down this month, over reporting about a wealthy doctor and his dog.