The Daily Beast reports: The Los Angeles Times lost roughly $50 million last year, according to AdWeek, as its right-leaning billionaire owner Dr. Patrick Soon-Shiong takes a bludgeon to the paper’s operations. L.A. Times Studios President Anna Magzanyan’s disclosure to staff comes after Soon-Shiong has tried to remake the paper he purchased in 2018 into one less focused on politics—or …
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