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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.

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Madeleine Brand

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