Just heard on Fox news that LA times has a new owner. One who called the other news Fake news and visted Trump at Trump tower last year, or awhile back. Found the sauce.
WE HAVE ANOTHER PATRIOT IN THE NEWS BUSINESS
Dr. Patrick Soon-Shiong
LA TIMES JUST CHANGED ( TO TELLING THE TRUTH)
THIS IS HUGE
The Los Angeles Times has a new owner, a new editor and, after years of upheaval, a new path forward.
On the day that Dr. Patrick Soon-Shiong completed his $500-million purchase of the 136-year-old newspaper, the L.A. biotech billionaire announced he was naming veteran journalist Norman Pearlstine as its executive editor.
Pearlstine has spent 50 years in journalism helping shape some of the nationโs most prominent publications โ including Time Inc. magazines, the Wall Street Journal, Bloomberg News and Forbes. It was the first major move by Soon-Shiong, who also bought the San Diego Union-Tribune, Spanish-language Hoy and several community papers from Chicago newspaper company Tronc.
During the last two months, Pearlstine, 75, has served as an advisor to Soon-Shiong, charged with creating a transition plan for The Times. He will now execute that plan.
โNot only does he have amazing experience with the full knowledge of how a newsroom runs โ but heโs amazingly modern and forward-looking,โ Soon-Shiong said. โThereโs no agenda, other than to make this the best journalistic institution. Weโre lucky to be able to capture him.โ
http:// www.latimes.com/business/hollywood/la-fi-ct-norman-pearlstine-latimes-editor-20180618-story.html
WHO IS DR. PATRICK SOON-SHIONG? LOCAL BILLIONAIRE TAKES OVER 'L.A. TIMES' TO FIGHT FAKE NEWS, 'CANCER OF OUR TIMES
A local billionaire who immigrated to America from South Africa took over The San Diego Union-Tribune and the Los Angeles Times Sunday and published a letter to all their readers promising that he would fight fake news like cancer.
Surgeon, entrepreneur and philanthropist Dr. Patrick Soon-Shiong, 65, who made his fortune in the biotech industry, will complete his purchase of the 150-year-old San Diego Union-Tribune, Los Angeles Times and other local newspapers on Monday, June 18, for $500 million, reported NBC San Diego.
On Sunday, Soon-Shiong published a letter in the Union-Tribune and L.A. Times promising his readers that he was dedicated to fighting fake news and upholding independent journalism. โI believe that fake news is the cancer of our times and social media the vehicles for metastasis,โ he wrote. โInstitutions like the Union-Tribune and the Times are more vital than ever.
http:// www.newsweek.com/who-dr-patrick-soon-shiong-local-billionaire-takes-over-la-times-fight-fake-980603
New 'LA Times' Owner Wants To Compete With 'New York Times' And 'Washington Post
In this Jan. 10, 2017, file photo, pharmaceuticals billionaire Dr. Patrick Soon-Shiong waves as he arrives in the lobby of Trump Tower in New York for a meeting with President-elect Donald Trump. Soon-Shiong will take over the L.A. Times on Monday.
http:// capeandislands.org/post/new-la-times-owner-wants-compete-nytimes-and-washington-post#stream/0