LA Times billionaire owner repeatedly fell behind…
The Los Angeles Times repeatedly fell months behind on funds to contractors and distributors — even stiffing one of its own marquee hires — as billionaire owner Patrick Soon-Shiong pressed forward with plans to take the 144-year-old newspaper public, according to a report.
Among those caught in the fee delays was investigative journalist Catherine Herridge, who struggled for months to acquire money owed under her profitable deal with the paper before finally getting paid after what sources described as a extended battle, the Status e-newsletter reported.
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