After years of venal, incompetent management, the Los Angeles Times has renewed its commitment to journalists and readers alike.
American news consumers, take heed: This is no inside-baseball story of media intrigue. What happens to local outlets reaches far beyond their markets and into everyone's backyard. Robert Scheer and Nick Goldberg break it all down in an in-depth interview.
The new owner has a chance to do a great public service by reviving the civic treasure, battered by years of dictatorial and incompetent regimes. But he'll soon learn that running a newspaper is not science or showmanship.
The $500 million purchase by Los Angeles medical entrepreneur Patrick Soon-Shiong brings the paper back under local ownership for the first time in 18 years.