Posted on 10/22/2024 11:47:32 PM PDT by blueplum
The billionaire owner of the Los Angeles Times has reportedly blocked its editorial board from endorsing Vice President Kamala Harris for president.
Members of the newspaper's editorial board were prepared to endorse Harris for commander in chief until a shock announcement from executive editor Terry Tang. ...
She reportedly said the decision came straight from the paper's owner, Dr. Patrick Soon-Shiong, a doctor who made his fortune in the healthcare industry.
The decision marks a major departure for Harris' home state newspaper, which has exclusively endorsed Democratic presidential candidates since then-Senator Barack Obama ran in 2008....
(Excerpt) Read more at dailymail.co.uk ...
He made his money by selling two drug companies: APP Pharmaceuticals to Fresnius Medical Care for $4.6billion in 2008, and Abraxis BioScience to Celgene for $2.8billion in 2010, according to Bloomberg.
Soon-Shiong then purchased the LA Times for $500million in 2018, promising new investments in the languishing newspaper, Politico reports.
The refusal to endorse is itself an investment in a future without Harris being in any position of importance.

I still adhere to the opinion leader theory of political alignment and was waiting to hear the LA Times endorsement before I voted. Now what do I do?
LOLOLOL
Be radical. Vote straight R ticket and do it early.
He’s another South African immigrant.
He’s been letting his super woke daughter run it so it’s been horrible. So this is surprising.
I would suggest if one drives around the whole state of California....it’s different from 2008 or even 2020. Trump is likely to take more than the 6-million (2020). I’d take a guess it’s going to be near 8.5-million....with Hispanics and black men taking up the bulk of extra votes. Disgruntled Dems in the SF/LA area might flip enough to be near 50-percent.
“Soon-Shiong had bought out the historic newspaper two years earlier, after spending years working as a skilled surgeon.”
I would think unskilled surgeons don’t have enough money to buy papers with all the complaints and lawsuits and bad google reviews.
“which has exclusively endorsed Democratic presidential candidates since then-Senator Barack Obama ran in 2008.”
The LATimes endorsed GWB over john kerry in 2004?
LA Times endorsed GWB………..that should have been our first bright red flag where GWB was concerned!!! Well at least we had learned our lesson when JEB! came riding in!!!
The Times was dying...long before he bought it....he was a skilled surgeon and a drug developer and schrewd investor....his company Nantworks is trying to develop an intertwined healthcare model involving medical, lab data acquisition, and seamless availability of med information...minority owner of Los Angeles Lakers..
Has lots of other investments in med tech ventures....he also is interested in zinc-air battery development ..which could be much cheaper than lithium batteries among other theoretical advantages over lithium.
I think he bought the Times thinking he could report his adventures in a positive light. His daughter(a leftist) runs it. The physical paper model of news spreading is still dying so his investment of 500 mill may evaporate.
Review his wikipedia profile for more, but I have a feeling he is biting off much more than he can chew.
Endorsing Harris would be a stain. They probably already know Harris is going to lose. The writing is on the wall. She is worse than Hillary.
This is a good step in bringing a news organization back into respectability. Not reflexively being a sock (meat) puppet for the DNC.
https://www.presidency.ucsb.edu/statistics/data/general-election-editorial-endorsements-the-los-angeles-times
my insurance doesn’t cover unskilled surgeons anymore
It is interesting that her appearances are so skillfully scripted that when she does go off script and reacts spontaneously, her authentic self goes in this direction.
Yes
That’s what the Democrats are afraid 😳 😳 😳 of
People finding out about the REAL Kamala Harris before the election
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