Los Angeles Times

====Ownership====
In 2000, [[Times Mirror Company]], publisher of the ''Los Angeles Times'', was purchased by the [[Tribune Company]] of [[Chicago]], Illinois, placing the paper in co-ownership with the then WB-affiliated (now [[CW Television Network|CW]]-affiliated) [[KTLA]], which Tribune acquired in 1985.<ref name=Tribune>{{cite news |title=Tribune called on to sell L.A. Times |url=https://money.cnn.com/2006/09/18/news/companies/latimes/index.htm |access-date=June 19, 2012 |publisher=[[CNN]] |date=September 18, 2006}}</ref>

On April 2, 2007, the Tribune Company announced its acceptance of real estate entrepreneur [[Sam Zell]]'s offer to buy the ''[[Chicago Tribune]]'',  the ''Los Angeles Times'', and all other company assets. Zell announced that he would sell the [[Chicago Cubs]] baseball club. He put up for sale the company's 25 percent interest in [[Comcast SportsNet]] Chicago. Until shareholder approval was received, Los Angeles billionaires [[Ron Burkle]] and [[Eli Broad]] had the right to submit a higher bid, in which case Zell would have received a $25&nbsp;million buyout fee.<ref>{{cite news |url=http://www.suntimes.com/news/metro/324173,CST-NWS-Trib03.article |title=Tribune goes to Zell |work=[[Chicago Sun-Times]] |date=April 3, 2007 |url-status=dead |archive-url=https://web.archive.org/web/20080918204150/http://www.suntimes.com/news/metro/324173%2CCST-NWS-Trib03.article |archive-date=September 18, 2008}}</ref>

In December 2008, the Tribune Company filed for [[bankruptcy protection]]. The bankruptcy was a result of declining [[advertising revenue]] and a debt load of $12.9&nbsp;billion, much of it incurred when the paper was taken private by Zell.<ref>{{cite web |url=https://articles.latimes.com/2008/dec/09/business/fi-tribune9 |title=Owner of L.A. Times files for bankruptcy |author1=James Rainey |author2=Michael A. Hiltzik |name-list-style=amp |date=December 9, 2008 |work=Los Angeles Times}}</ref>

On February 7, 2018, [[Tribune Publishing]], formerly Tronc Inc., agreed to sell the ''Los Angeles Times'' and its two other southern California newspapers, ''[[The San Diego Union-Tribune]]'' and ''[[Hoy (American newspaper)|Hoy]]'', to billionaire biotech investor [[Patrick Soon-Shiong]].<ref>{{cite web |url=https://latimes.com/business/hollywood/la-fi-ct-los-angeles-times-sold-20180207-story.html |title=Billionaire Patrick Soon-Shiong reaches deal to buy L.A. Times and San Diego Union-Tribune |last2=Koren |first1=Meg |last1=James |first2=James Rufus |website=Los Angeles Times |date=February 7, 2018 |access-date=February 8, 2018}}</ref><ref>{{cite news |url=https://www.wsj.com/articles/tronc-in-advanced-talks-to-sell-flagship-los-angeles-times-1517958557 |title=Tronc in Talks to Sell Flagship Los Angeles Times to Billionaire Investor |date=February 6, 2018 |access-date=February 6, 2018 |first1=Lukas I. |last1=Alpert |website=The Wall Street Journal }}</ref> This purchase by Soon-Shiong through his Nant Capital investment fund was for $500&nbsp;million, as well as the assumption of $90&nbsp;million in pension liabilities.<ref>{{cite news |url=https://www.wsj.com/articles/tronc-pushes-into-digital-future-after-los-angeles-times-sale-1518017136 |title=Tronc Pushes Into Digital Future After Los Angeles Times Sale |date=February 7, 2018 |access-date=February 7, 2018}}</ref><ref name="LAT move">{{cite news |url=https://latimes.com/business/hollywood/la-fi-ct-la-times-el-segundo-20180413-story.html |title=Patrick Soon-Shiong plans to move Los Angeles Times to new campus in El Segundo |newspaper=Los Angeles Times |first1=Meg |last1=James |first2=Andrea |last2=Chang |date=April 13, 2018 |access-date=April 13, 2018}}</ref> The sale to Soon-Shiong closed on June 16, 2018.<ref name=":0">{{cite news |url=https://www.nytimes.com/2018/06/18/us/norman-pearlstine-los-angeles-times.html |title=Norman Pearlstine Named Editor of The Los Angeles Times |last=Arango |first=Tim |date=June 18, 2018 |work=[[The New York Times]] |access-date=June 18, 2018 |language=en}}</ref>