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The Guardian - US
The Guardian - US
Comment
Margaret Sullivan

The LA Times’s owner wants to take the struggling paper public. Will it work?

man wearing black suit and blue tie with arms crossed stands outside the Los Angeles Times building
‘Can Soon-Shiong’s latest notion of taking the paper public improve this sorry situation?’ Photograph: Dan Tuffs/The Guardian

When the legendary journalist David Halberstam wrote his landmark 1979 book about American journalism, The Powers That Be, he focused on four media organizations: the Washington Post, Time magazine, CBS and the Los Angeles Times.

His choice of the LA newspaper made perfect sense. Influential and successful, it was owned by a prominent California family, the Chandlers. The paper had high standards, a raft of Pulitzer prizes, and a hard-charging Washington DC bureau that competed successfully with its east coast rivals. For reporters and editors, the LA Times was a prestigious career destination; if you got there, you probably stayed.

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