LA Times reportedly misses payments to vendors as MAGA owner eyes IPO
Large-market papers with diverse readerships are scarce, and a cash-strapped LA Times is less equipped to cover the communities that depend on it.
The Los Angeles Times is facing new scrutiny over overdue payments to contractors and vendors as owner Patrick Soon-Shiong pursues a $500 million initial public offering.
Late payments?
A report by Oliver Darcy on his newsletter Status Wednesday reveals that the Times has routinely missed payment deadlines with contract…
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