Los Angeles Times Owner Wades Deeper Into Opinion Section
Published On Dec 12, 2024, 2:47 PM
Dr. Patrick Soon-Shiong, the owner of The Los Angeles Times, has stirred tension among staff by interfering in the newspaper's editorial decisions. After an editorial criticizing President-elect Trump's cabinet picks was suppressed, concerns have arisen about Soon-Shiong's influence over the newspaper's opinion section. This has led to fears that he is attempting to align the paper more closely with the incoming Trump administration, undermining journalistic integrity and balance. His actions have resulted in staff resignations and further concern about the newspaper’s independence.
Stock Forecasts
GCI
Negative
The ongoing interference by Soon-Shiong may damage the reputation of The Los Angeles Times and impact its readership. Advertisers and investors generally favor media outlets that maintain credibility and independence. Any fallout from this situation could negatively influence the stock value of companies affiliated with or advertising in the newspaper.
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