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.

Read full article

Stock Forecasts

GCIView GCI chart on TradingView

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.

GCI

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?

GCI