Current owner of the LA Times is Patrick Soon-Shiong.
“A South African-American transplant surgeon, billionaire businessman, bioscientist, and media proprietor” of Chinese descent.
William McGowan’s 2001 book described what’s been driving the transformation of the American news industry:
“Coloring the News: How Crusading for Diversity Has Corrupted American Journalism”
In the 20 years since he wrote that the situation has only gotten worse.
https://www.amazon.com/Coloring-News-Crusading-Diversity-Journalism/dp/1893554287
C-SPAN, William McGowan discusses his book “Coloring the News”
https://www.c-span.org/video/?167939-1/coloring-news
“Mr. McGowan talked about his book, Coloring the News: How Crusading for Diversity Has Corrupted American Journalism, published by Encounter Books. He said that multicultural journalism has been overtaken by political correctness, contending that the coverage of stories involving race, gay rights, feminism, affirmative action and immigration is often slanted. He argued that editors ignore topics worthy of coverage because of their liberal ideologies and their fear of offending particular groups. He talked about cases in which attempts to accommodate minorities and minority viewpoints have become double standards that favor the “oppressed” groups. After his presentation he answered questions.”