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Back to Press Play with Madeleine Brand

Press Play with Madeleine Brand

Controversial business dealings of the LA Times’ new owner

Biotech billionaire Patrick Soon-Shiong is buying the LA Times for $500 million. He made his fortune by selling a cancer drug. Soon-Shiong owns a minority stake in the Lakers, and has schmoozed with politicians like Joe Biden and Donald Trump.

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By Madeleine Brand • Feb 7, 2018 • 1 min read

Biotech billionaire Patrick Soon-Shiong is buying the LA Times for $500 million. He made his fortune by selling a cancer drug. Soon-Shiong owns a minority stake in the Lakers, and has schmoozed with politicians like Joe Biden and Donald Trump. But ethics watchdogs have pointed out red flags in his financial dealings. He’s been sued by his own brothers and other investors.

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    Madeleine Brand

    Host, 'Press Play'

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    Politico

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    Gabriel Kahn

    Professor at USC's Annenberg School for Communication and Journalism. Publisher/editor of Crosstown LA

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