Newspaper publishing

The Los Angeles Times building is seen in downtown Los Angeles on Wednesday, Feb. 7, 2018. Dr. Patrick Soon-Shiong, a biotech billionaire, struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper's quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. (AP Photo/Richard Vogel)
February 08, 2018 - 1:34 am
LOS ANGELES (AP) — The struggling Los Angeles Times found a local savior in a biotech billionaire willing to buy the storied newspaper from a corporation half a continent away, but the change of ownership brings its own set of questions and uncertainty. Dr. Patrick Soon-Shiong agreed to pay $500...
Read More
FILE - In this Jan. 10, 2017, file photo, pharmaceuticals billionaire Dr. Patrick Soon-Shiong waves as he arrives in the lobby of Trump Tower in New York for a meeting with President-elect Donald Trump. The Los Angeles Times is reporting its parent company is in talks to be sold to Soon-Shiong. The Washington Post first reported Tuesday, Feb. 6, 2018 that the sale was being negotiated by Tronc Inc., formerly Tribune Publishing. The Times then reported that the price was $500 million and would include the San Diego Union-Tribune. Chicago-based Tronc owns 10 U.S. newspapers. (AP Photo/Evan Vucci, File)
February 07, 2018 - 2:23 pm
LOS ANGELES (AP) — The man buying the Los Angeles Times is a 65-year-old physician-entrepreneur described by Forbes Magazine as "America's richest doctor," and one who has said his goal is to cure cancer in his lifetime. Dr. Patrick Soon-Shiong also is a basketball fanatic who shoots hoops on a...
Read More
February 06, 2018 - 8:00 pm
NEW YORK (AP) — The New York Liberty are remaining under the control of New York Knicks owner James Dolan and Madison Square Garden for now. The WNBA team was put up for sale in November. An MSG executive confirmed to The Associated Press on Tuesday that Dolan's group has decided to keep the...
Read More
FILE - In this July 13, 2017 file photo Jim Kirk, publisher and editor in chief of the Chicago Sun-Times, responds to a question at a news conference n Chicago. A spokeswoman for Los Angeles Times' parent company said Sunday, Jan. 28, 2018, it plans to announce that Kirk will be named the newspaper's editor in chief. (AP Photo/Charles Rex Arbogast,File)
January 29, 2018 - 9:50 pm
LOS ANGELES (AP) — In another newsroom shake-up at the Los Angeles Times, veteran Chicago journalist Jim Kirk was named editor in chief Monday to replace Lewis D'Vorkin, whose short tenure was marked by clashes with staff. Kirk, 52, became the third top editor at the Times in less than six months...
Read More
January 14, 2018 - 11:40 am
BERLIN (AP) — German weekly news magazine Der Spiegel reports that the owners of European fashion chain C&A are considering selling the company to a Chinese investor. Der Spiegel published a report online Sunday that cited unnamed company sources saying a deal is close to completion. C&A...
Read More
January 02, 2018 - 12:56 pm
NEW YORK (AP) — Vice has suspended two top executives after a New York Times report on sexual misconduct at the digital media company. Vice Media has suspended its president, Andrew Creighton, and chief digital officer Mike Germano, as it investigates allegations against them, according to a...
Read More
December 14, 2017 - 12:20 pm
NEW YORK (AP) — The publisher of the New York Times Company is stepping down after 25 years. The Times announced Thursday that Arthur O. Sulzberger, Jr. will retire as of December 31, but will remain as chairman of the board of directors. He will be succeeded as publisher by his son and the current...
Read More
October 26, 2017 - 11:03 am
NEW YORK (AP) — In a story Oct. 25 about media-ownership rules, The Associated Press reported erroneously that Dennis Wharton was the head of the National Association of Broadcasters. He is executive vice president of communications. A corrected version of the story is below: FCC plans vote over...
Read More
FILE - This undated photo shows billionaire media mogul Samuel I. Newhouse Jr., who died at his New York home on Sunday, Oct. 1, 2017. He was 89. (AP Photo, File)
October 01, 2017 - 11:38 am
NEW YORK (AP) — S.I. Newhouse Jr., the low-profile billionaire media mogul who ran the parent company of some of the nation's most prestigious magazines, died Sunday. He was 89. Newhouse's death was confirmed by his family, who said he died at his New York home. The chairman of Conde Nast since...
Read More
A newsstand display copies of the Daily News, Tuesday Sept. 5, 2017, in New York. The tabloid newspaper has been acquired by Tronc, the publisher of the Los Angeles Times and The Chicago Tribune, in a deal announced Monday night, Sept. 4. . (AP Photo/Bebeto Matthews)
September 05, 2017 - 2:01 pm
NEW YORK (AP) — The owner of two of the country's largest newspapers has purchased the Daily News, a New York tabloid that is famous for generations of hard-punching reporting and irreverent headlines but that has struggled recently to find its place in the digital age. Chicago-based Tronc Inc.,...
Read More