Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
What's Next For The LA Times, According To The Newspaper's New Owner And Editor

It's been an eventful year for the Los Angeles Times, to put it mildly. The newsroom formed a union. The paper's publisher was pushed out following reports of innapropriate conduct. And the executive editor was replaced within months of taking the helm.
This June, after months of anticipation, biotech billionaire Patrick Soon-Shiong closed a $500 million deal with Chicago-based Tronc to acquire the L.A. Times, along with the San Diego Union-Tribune, Spanish-language paper Hoy and some regional community newspapers. Soon-Shiong named veteran journalist Norman Pearlstine executive editor.
Soon-Shiong was born and raised in South Africa to Chinese immigrant parents. He built his fortune by creating two biopharmaceutical companies and later selling them. According to Forbes magazine, his fortune is estimated at $7.6 billion.
Pearlstine comes to the L.A. Times from Time Inc., where he served as chief content officer and earlier as editor in chief. Between those stints, he was the chief content officer at Bloomberg L.P.
The times are a’changing pic.twitter.com/sBN6no1axf
— Dr. Pat Soon-Shiong (@DrPatSoonShiong) July 10, 2018
Soon-Shiong said he is ready to give the long-running newspaper a fresh look to continue its local and national legacy. Both he and Pearlstine spoke to Larry Mantle on KPCC's AirTalk in a lengthy interview, where they broke down their vision for the Times and the road ahead. You can listen to the full interview here.
Here are several key takeaways (edited for clarity and context).
SO, YOU BOUGHT A NEWSPAPER. NOW WHAT?
Soon-Shiong doesn't have a number for how much he will be investing in the L.A. Times, but he does have ambition and a plan for its future. He wants to preserve the local community aspect of the newspaper and focus on capitalizing on the people who make the L.A. Times.
Patrick Soon-Shiong:
Well, it's going to take a lot of money, and the first thing we did was invest, so I don't really have a number, but what I do have is an ambition and a mission, in a funny way, and in a true way a little bit of a responsibility to give back. I don't see this as a philanthropic exercise. I see this very much as a public trust in a private setting in which we now need to contribute and bring back this legacy.
At the end of the day, it is the human capital, and this is where I am relying on Norman and myself to go out and really try to recruit the best talent we can get. Whatever it takes to have us to do it, I am committed to doing that.
It is an exciting time to be in Los Angeles right now. You sit in New York -- where I've sat many years -- and you look to California, you very much say, "What are they doing to us?" And when you're sitting here, the feeling is really: "What are we doing to them?"
It's not just in areas of commerce. If you think about food, if you think about art, if you think about sports; there's just no more exciting city in the world right now than Los Angeles, and I think we have to capture some of that along with the very rigorous reporting, the very rigorous investigation that is a hallmark of the Los Angeles Times, and something we can certainly build on.
The Times staff is in the midst of a migration from its iconic home downtown to a new headquarters in El Segundo. For Soon-Shiong, this is an optimistic move to finally rebuild the infrastructure of the L.A. Times into a hub of interconnected activity in Los Angeles. The newly envisioned campus will be an eight-floor building with 120,000 square feet of space. There will also be a museum on the first floor showcasing the paper's 136-year history.
Soon-Shiong:
The first thing I want to do is rebuild infrastructure. The building -- while it is a beautiful building we had -- the building that we took over (was from DirecTV). We actually now have the most fiber-interconnected building literally in the city, with terabytes per second of speed tied to a campus of 10 acres that we want to make as a hub of activity for the community to participate in.
Some changes are coming to the front page of the West Coast's largest newspaper, with the aim of bringing back a familiar sense of community and quality long associated with the newspaper -- along with optimistic improvements to the digital user experience.
Soon-Shiong:
We need to bring back Column One -- it's a story of great interest. We need to show with consistency that our Page One is important news to both the nation and internationally, and within the rest of Section A, the national news and California news.
I see the opportunity to carve out the identity for the L.A. Times, in a way that it already has an identity on paper, on a national scale and on an international scale akin to the New York Times and Washington Post. Norman and I have had long conversations about this -- let's just speak first to California.
If you think about California as the fifth largest economy in the world, not the country, you think of California as the innovator, the window to the future. You think of technology, you think of entertainment, you think of sports, you think of food and culture, you think of health and science. That is all unique to California. We can carve that out and own that identity in an informed, breaking news, investigative news way. We can also be the window to the Pacific Rim -- to China and Mexico. We should own this discussion on immigration. We should own this discussion on climate change and, frankly, we should own the discussion on sports and entertainment.
New teams at the L.A. Times are working on revamping the website, cultivating new ways of digital user engagement, including upgraded digital, video and streaming versions of the sports and entertainment sections. Readers will soon be able to engage across different platforms for their favorite content.
Soon-Shiong:
We clearly need to modernize the digital aspect of the L.A. Times. We need to bring in not just apps, but an app store in which you can actually land and maybe press a button and have a doctor on call maybe. Or the ability to see a preview of a movie, or get a deeper understanding of elements of a complex article, or even get access to e-sports. These are long ambitions over the course of the next two or three months with the new teams now being brought on.
It has been a difficult time for the industry and for this paper specifically. Patrick and I met several years ago when we were coming up with commerce play for media, and we've had this interest in investing and addressing the issues regarding the website.
Even though a move toward stronger digital platforms is in store, Soon-Shiong believes that many people will still want to read a physical copy and to engage in the Times' long-form journalism.
Soon-Shiong:
(Print) is not only a different experience, I think your brain is wired differently. The next generation and the millennials quite literally have been physiologically rewired because of their short attention span. I think it is physically painful for somebody who has been rewired this way to actually be able to read a long form.
Yet you [Larry Mantle] and I -- our generation require length, and the ability to read -- what I call the leisurely reading of the long form. We want to give both. We want the opportunity to still make tactile paper. If we are the last men standing printing, we are going to be printing.
News happens every day. Here at LAist, our goal is to cover the stories that matter to you and the community you live in. Now that we're part of KPCC, those stories (including this one you're on right now!) are made possible by generous people like you. Independent, local journalism isn't cheap, but with your support we can keep delivering it. Donate now.
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.

-
With less to prove than LA, the city is becoming a center of impressive culinary creativity.
-
Nearly 470 sections of guardrailing were stolen in the last fiscal year in L.A. and Ventura counties.
-
Monarch butterflies are on a path to extinction, but there is a way to support them — and maybe see them in your own yard — by planting milkweed.
-
With California voters facing a decision on redistricting this November, Surf City is poised to join the brewing battle over Congressional voting districts.
-
The drug dealer, the last of five defendants to plead guilty to federal charges linked to the 'Friends' actor’s death, will face a maximum sentence of 65 years in prison.
-
The weather’s been a little different lately, with humidity, isolated rain and wind gusts throughout much of Southern California. What’s causing the late-summer bout of gray?