A lot of chatter around the Southland and across the country about the sale of the embattled Los Angeles Times, the parent company of The Burbank Leader. Last Wednesday it was announced local billionaire/investor/philanthropist, Patrick Soon-Shiong, had agreed to buy the Times, the San Diego Tribune, and the California News Group for “$500 million in cash plus the assumption of $90 million in pension liabilities.” New owner for The Los Angeles Times Soon-Shiong made the deal with Tronc Inc, a Chicago-based media company. The Times will be locally owned for... Read More →
