| 10 things you need to know today | | | | | | | | | | 7.Tronc sells L.A. Times and Union-Tribune to billionaire investor | Chicago-based media company Tronc has agreed to sell the Los Angeles Times and The San Diego Union-Tribune for $500 million to billionaire physician and Tronc investor Patrick Soon-Shiong. A Californian, Soon-Shiong takes over during a turbulent period at the Times, "which has seen three editors in six months, its publisher placed on unpaid leave amid a sexual harassment investigation, and a historic vote to unionize the newsroom," the Times reported. With the purchase, Soon-Shiong will succeed Tronc head Michael Ferro, whose tenure was deeply unpopular among the newspaper staff. "It's hard to imagine the new boss being worse than the Tronc era has been," wrote CNN's media critic Brian Lowry, formerly a staffer of the Los Angeles Times. [Los Angeles Times, CNN] | | | | | | | MOST POPULAR | | | CAPTURED: A PHOTO BLOG | Lauren Hansen | | | | | Is this email not displaying correctly? View it in your browser. Unsubscribe from this list | Update subscription preferences | Privacy Policy © 2015 THE WEEK PUBLICATIONS, INC. ALL RIGHTS RESERVED. THE WEEK ® IS A REGISTERED TRADEMARK OWNED BY FELIX DENNIS. | | |
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