Skip to comments.
Los Angeles Times Sold To Local Billionaire For $500 Million
cbs2la ^
Posted on 02/07/2018 7:43:18 AM PST by BenLurkin
The surprise deal will include the Times and the San Diego Union-Tribune, along with $90 million in pension liabilities, according to the Times. Tronc, touted as a the digital spinoff of Tribune Co., had previously fended off efforts to buy The Times and had insisted it was one of the premiere publications in a portfolio that also included the Chicago Tribune, the New York Daily News, the Orlando Sentinel and The Baltimore Sun.
(Excerpt) Read more at losangeles.cbslocal.com ...
TOPICS: Business/Economy
KEYWORDS:
Navigation: use the links below to view more comments.
first 1-20, 21-34 next last
1
posted on
02/07/2018 7:43:18 AM PST
by
BenLurkin
To: BenLurkin
He must have needed a tax write-off....................
2
posted on
02/07/2018 7:45:31 AM PST
by
Red Badger
(Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
To: BenLurkin
Anybody making such a TERRIBLE business decision must have in mind the price of shaping public opinion.
3
posted on
02/07/2018 7:45:57 AM PST
by
G Larry
(There is no great virtue in bargaining with the Devil)
To: BenLurkin
Newspapers are a diminishing commodity. They lose money. A lot of money. You only buy a newspaper for one reason. To push YOUR viewpoint on the gullible.
4
posted on
02/07/2018 7:45:57 AM PST
by
BipolarBob
(At one time I held the world record as the worlds youngest person on the planet.)
To: BenLurkin
More billionaire vanity at play here, wanting their own blog, like Bezos.
5
posted on
02/07/2018 7:48:07 AM PST
by
bkopto
To: BenLurkin
6
posted on
02/07/2018 7:49:44 AM PST
by
onedoug
To: BenLurkin
Patrick Soon Shiong’s FEC donor records make interesting reading. The dude loves ‘Rats and RINOs.
7
posted on
02/07/2018 7:50:25 AM PST
by
mewzilla
(Has the FBI been spying on members of Congress?)
To: BenLurkin
Reminds me of the joke
How do you become a millionaire in the airline industry?
Be a billionaire and buy an airline.
8
posted on
02/07/2018 7:51:31 AM PST
by
Gamecock
(The greatest threat to humanity is not "out there" but "in here" in the recesses of the soul. TK)
To: bkopto
The evolving financial web of the goebbelists. Constantly needs revising (kinda like moving the subs, boats and planes on WW-II table maps, in War Room planning sessions).
9
posted on
02/07/2018 7:53:09 AM PST
by
C210N
(It is easier to fool the people than convince them that they have been fooled)
To: BenLurkin
10
posted on
02/07/2018 7:53:18 AM PST
by
mewzilla
(Has the FBI been spying on members of Congress?)
To: BenLurkin
...and release the Khalidi tape!
11
posted on
02/07/2018 7:53:30 AM PST
by
Salvey
To: BenLurkin
The San Diego Union-Trib lost a large number of its long time subscribers under the ownership of the Left-wing ownership.
It’ll be interesting to see the political bent of this billionaire heart surgeon, LA Laker’s partial owner.
12
posted on
02/07/2018 7:56:01 AM PST
by
onyx
(JOIN 300 CLUB BY DONATING $34 MONTHLY! TRUMP'S WAY or the Highway)
To: mewzilla
Thanks for posting this. It was not a surprise.
Patrick Soon Shiong’s FEC donor records make interesting reading. The dude loves ‘Rats and RINOs.
13
posted on
02/07/2018 7:58:33 AM PST
by
Grampa Dave
(When is it OUR TURN to keep our own money and live our own dreams!!!!????)
To: BenLurkin
That make it sound like there’s a billionaire on every street corner....
To: BenLurkin
If you want to be a millionaire, start with $1B and by a newspaper.
15
posted on
02/07/2018 8:04:18 AM PST
by
Pollster1
("Governments derive their just powers from the consent of the governed")
To: Grampa Dave
He’s also dined with Trump and likes him.
Trouble is, he likes Biden more.
16
posted on
02/07/2018 8:05:17 AM PST
by
onyx
(JOIN 300 CLUB BY DONATING $34 MONTHLY! TRUMP'S WAY or the Highway)
To: BipolarBob
I hate newspapers, especially The State.
17
posted on
02/07/2018 8:06:05 AM PST
by
wally_bert
(I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
To: onyx
Thanks for the feedback. If he likes Biden, he is probably impressed with Biden’s indecent behavior with females from an early age to his.
18
posted on
02/07/2018 8:08:02 AM PST
by
Grampa Dave
(When is it OUR TURN to keep our own money and live our own dreams!!!!????)
To: proxy_user
Climb these hills
I’m reaching for the heights
And chasing all the lights that shine
And when they let you down
You’ll get up off the ground
‘Cause morning rolls around
And it’s another day of sun
19
posted on
02/07/2018 8:09:06 AM PST
by
BenLurkin
(The above is not a statement of fact. It is either satire or opinion. Or both.)
To: BenLurkin
20
posted on
02/07/2018 8:11:19 AM PST
by
Slyfox
(Not my circus, not my monkeys)
Navigation: use the links below to view more comments.
first 1-20, 21-34 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson