The Los Angeles Times has sold the San Diego Union Tribute to an affiliate of Media News Group.
The move was announced by L.A. Times owner Patrick Soon-Shiong in an email to staff.
“Our intention now is to focus on the ongoing work of transforming the L.A. Times into a self-sustaining institution,” Soon-Shiong said. “Our hometown of Los Angeles and the state of California – really, the West Coast – needs a strong, independent news organization.”
In a separate statement, Times president Chris Argentieri said the company will “continue focusing on building a prosperous future.”
“Our intention now is to focus on the ongoing work of transforming the L.A. Times into a self-sustaining institution. Our hometown of Los Angeles and the state of California – really, the West Coast – needs a strong, independent news organization.”
More to come…