A biotech billionaire and journalism vet aim to strengthen the LA Times

Local biotech billionaire Patrick Soon-Shiong paid $500 million for the Times, along with the San Diego Union Tribune and a few other local papers. He quickly hired Norman Pearlstine as the new executive editor for the Times. Pearlstine has spent some 50 years in journalism. They plan to turn the paper around after years of turmoil, top editors coming and going, and low staff morale.


Image: (L) Patrick Soon-Shiong, the owner of LA Times, with (R) Norman Pearlstine, the executive editor of LA Times. Courtesy of NantWorks and LA Times.