L. A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Published On Oct 23, 2024, 7:27 PM
The head of the Los Angeles Times editorial board, Mariel Garza, resigned after the paper's owner, Patrick Soon-Shiong, blocked the board from endorsing Vice President Kamala Harris in the presidential election. Garza expressed that this decision reflects a troubling silence during significant political times. Soon-Shiong had wanted a more fact-based analysis of candidates' policies before making an endorsement. This incident highlights tensions in media ownership and the editorial independence of news organizations.
Stock Forecasts
GCI
Negative
The situation presents potential investment risks for companies associated with the Los Angeles Times and media in general, particularly if public trust and reputation are impacted by internal conflicts. Investors should be cautious considering potential volatility in media stocks.
Related News
Crane Collapse From Milton Hits Building Housing The Tampa Bay Times
Oct 10, 2024, 12:54 PM
Reporters at The Tampa Bay Times are covering their second hurricane in a month.
Athens Democracy Forum: Rethinking Journalism
Oct 7, 2024, 9:54 PM
In a time when social media tends to rule the day, what can traditional news organizations to do regain trust?