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LA Times owner pushes paper to be middle of the road, suggests he'll sell it if not profitable
Fox News
Los Angeles Times owner Patrick Soon-Shiong suggested he might sell the paper at some point if he doesn't see progress for it on the business side.
Hanna Panreck is an associate editor at Fox News.
Soon-Shiong's paper lost over 20,000 subscribers after he stopped the editorial board from endorsing Vice President Kamala Harris before the election, which also set off outrage and resignations among his own staff. During other recent interviews, the owner has vowed a major shakeup at the LA Times, and lamented that his paper conflated news and opinion.
"But something has to change if all this is [being] considered a philanthropic trust. It’s not. A sustainable business has to occur," he added.
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