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    Back to Press Play with Madeleine Brand

    Press Play with Madeleine Brand

    Is Patrick Soon-Shiong willing to lose money to make the LA Times great again?

    Local biotech billionaire Patrick Soon-Shiong paid $500 million for the Los Angeles 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.

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    By Madeleine Brand • Jun 25, 2018 • 1 min read

    Local biotech billionaire Patrick Soon-Shiong paid $500 million for the Los Angeles 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. He’s been at Time magazine, the Wall Street Journal, Bloomberg News and Forbes. They plan to turn the paper around after years of turmoil, top editors coming and going, low staff morale.

    (L) Patrick Soon-Shiong, the owner of LA Times, with

    (R) Norman Pearlstine, the executive editor of LA Times.

    Photos courtesy of NantWorks and LA Times.

    The full episode

    3 of 4
    A biotech billionaire and journalism vet aim to strengthen the LA Times
    1. 0:00Do undocumented immigrants have a right to due process?
    2. 9:43The problems with LA County's child welfare agency
    3. 18:29Is Patrick Soon-Shiong willing to lose money to make the LA Times great again?You’re reading this
    4. 35:14Astronauts in the time of private space exploration
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Madeleine Brand

      Host, 'Press Play'

    • KCRW placeholder

      Sarah Sweeney

      Vice President of Talk Programming, KCRW

    • KCRW placeholder

      Michell Eloy

      Former Producer/Line Editor, Press Play

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

      Amy Ta

      Digital News & Culture Editor

    • KCRW placeholder

      Patrick Soon-Shiong

      Owner of LA Times

    • KCRW placeholder

      Norman Pearlstine

      LA Times

      News

    The full episode

    3 of 4
    A biotech billionaire and journalism vet aim to strengthen the LA Times
    1. 0:00Do undocumented immigrants have a right to due process?
    2. 9:43The problems with LA County's child welfare agency
    3. 18:29Is Patrick Soon-Shiong willing to lose money to make the LA Times great again?You’re reading this
    4. 35:14Astronauts in the time of private space exploration
    Back to Press Play with Madeleine Brand