Shiong, the billionaire owner of the Los Angeles Times since 2018, said this week that he intends to take the newspaper public in the coming year. During an interview on Monday’s “The Daily Show With Jon Stewart,

The Southern California newspaper is owned by biotech billionaire Patrick Soon-Shiong. The Los Angeles Times newspaper plans to go public within the next year, its owner Patrick Soon-Shiong said in a television interview on Monday, in an effort to give the public ownership of the 143-year-old publication.

The Los Angeles Times newspaper plans to go public within the next year, its owner Patrick Soon-Shiong said in a television interview, aiming to give the public ownership of the 143-year-old publication.