Pharma Owns LA Times

August 31, 2018

The newspaper has been bought by a biotech billionaire, further entrenching Big Pharma’s control of the media.

From the LA Times:

Biotech billionaire Dr. Patrick Soon-Shiong on Monday will take control of the Los Angeles Times and San Diego Union-Tribune, two historic newspapers rooted in Southern California civic life for more than 135 years — that now must adapt for the digital age.

Soon-Shiong is spending $500 million to acquire the news organizations, along with Spanish-language Hoy and a handful of community newspapers, from Chicago-based Tronc.  

Comment: Usually Big Pharma influences the media through the billions the industry spends on advertising, but this time the tactic is outright ownership. Note too that Dr. Soon-Shiong is in the vaccine business, so we can expect the LA Times to be vocal supporters of what the state of California is doing to make it impossible for parents to deviate from the vaccination schedule.  Not only has the state eliminated all non-medical exemptions to vaccination; they are cracking down on doctors offering medical exemptions, too.

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