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There he goes again: Patrick Soon-Shiong delivers another paper to Alden Global Capital

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On July 11, 2023

In Local News, Media

Patrick Soon-Shiong. Photo (cc) 2014 by NHS Confederation.

Patrick Soon-Shiong, the wealthy surgeon who owns the Los Angeles Times, has delivered yet another daily newspaper into the greedy hands of the hedge fund Alden Global Capital. Soon-Shiong announced Monday that he’d sell The San Diego Union-Tribune to Alden’s MediaNews Group. By my count, the Union-Tribune becomes the 10th paper that Soon-Shiong has helped turn over to Alden. As Sara Fischer and Andrew Keatts report for Axios, the new owners immediately announced cuts to the newsroom.

When Soon-Shiong bought the LA Times in 2018, the Union-Tribune was thrown in as part of the deal. Soon-Shiong was hailed by optimistic media observers as someone who, like Jeff Bezos at The Washington Post and John Henry at The Boston Globe, would provide his papers with the runway they needed to become self-sustaining enterprises.

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It’s been a mixed bag. Soon-Shiong’s main interest has been the LA Times, but he’s gone back and forth between investing and cutting. By no means has the Times been hollowed out as if it had been owned by, oh, let’s just say Alden Global Capital. But he’s run a lean ship, with the Times announcing just a few days ago that the recent sale of its press meant that game stories, box scores and standings would be eliminated from its print edition, according to Andrew Bucholtz of Awful Announcing.

Selling off the San Diego paper to one of the worst possible buyers is reminiscent of John Henry’s decision to sell the Telegram & Gazette of Worcester to a Florida chain back in 2014. As I recount in my book “The Return of the Moguls,” folks at the T&G thought Henry had promised not to sell unless a local buyer could be found; Henry told me his only promise had been not to sell to GateHouse Media. In any case, GateHouse managed to acquire the T&G within months and immediately began hollowing it out. GateHouse later morphed into Gannett, the country’s largest newspaper chain with about 200 dailies, which is notorious for its cost-cutting.

Alden Global Capital’s two newspaper chains, MediaNews Group and Tribune Publishing, make it the second largest owner with about 100 dailies. Alden is often described as the worst newspaper owner in the country, denounced as “vulture capitalists” who slash news coverage and sell off real estate in an attempt to squeeze out as much revenue as possible. Locally, Alden owns the Boston Herald, The Sun of Lowell and the Sentinel & Enterprise of Fitchburg.

Soon-Shiong was perhaps the central player in Alden’s acquisition of Tribune Publishing. Whereas MediaNews Group comprises mainly smaller papers, plus a few large dailies such as The Denver Post, Tribune owns eight of the largest, most iconic papers in the country, including the Chicago Tribune, The Baltimore Sun, the Orlando Sentinel and, closer to home, the Hartford Courant.

In the spring of 2021, Tribune, then comprising nine papers, was up for grabs, as it had been many times before. Stewart Bainum, a Baltimore hotel magnate, was attempting to buy the chain and sell off some of its properties to what he hoped would be public-spirited local owners. His main interest was in saving the Sun. Also bidding for the papers Alden. The hedge fund actually offered less money than Bainum, but its offer was reportedly less complicated as well.

The Tribune board ended up voting to sell the papers to Alden — a move that could have been halted by just one board member. Soon-Shiong, who was on the board, abstained, and he did so in a way that mean his vote essentially counted as a yes. As The Washington Post reported at the time, Soon-Shiong submitted his ballot without having checked the “abstain” box; if he had, his vote would have been counted as a “no.”

Bainum went on to found the nonprofit Baltimore Banner. Tribune, meanwhile, spun off one of its most prominent papers, the Daily News of New York, which remains part of the Alden empire as a separately owned entity.

So what’s next for The San Diego Union-Tribune? Nothing good, you can be sure. Voice of San Diego, a nonprofit news site, headlined its story “LA’s Richest Man Sells Union-Tribune to Feared ‘Chop Shop.’” Will Huntsberry and Scott Lewis interviewed the news-business analyst Ken Doctor, who predicted that San Diego will not be rid of Alden anytime soon.

“People get confused because these people are cut-throat capitalists,” Doctor told them. “But their papers are making money and they’re holding onto them for the time being.”

The Fred Ryan era at the Post had run its course. Killing Launcher proved it.

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On June 13, 2023

In Media

Photo (cc) 2016 by Dan Kennedy

Back in January, The Washington Post was struggling, and publisher Fred Ryan had some difficult decisions to make. What he chose was to eliminate 20 newsroom positions and leave another 30 openings unfilled. Oh, and there was this: He decided (or, at the very least, agreed) to phase out Launcher, a Post vertical devoted to covering video games, and lay off the site’s five staff members.

At a time when the Post was fighting for ways to differentiate itself from its larger rival, The New York Times, Launcher should have been considered a key part of that strategy. Gaming is the largest entertainment medium, larger than movies and music combined. And Launcher was doing well. As editor Mike Hume tweeted, the move was “sad, upsetting, and perhaps most of all, mindboggling,” adding that Launcher had drawn “tens of millions of users, the majority first-time readers of The Post and almost all of them under the age of 40.”

Kat Bailey put it this way at IGN:

In the video game world, Launcher made a name for itself as a high-quality games media site with a focus on first-rate reporting, often taking the lead on difficult stories beyond the scope of the traditional enthusiast press. It stood out as one of the few examples of serious games reporting in a legacy newspaper, often landing major interviews and exclusives as a result.

It’s been obvious for quite some time that the Post needs a major reset. After years of growth, profits and what owner Jeff Bezos once called “swagger,” the paper has been stumbling since Donald Trump left the White House. Paid digital subscriptions are down from about 3 million to about 2.5 million, traffic to its website is on the wane, and the paper is losing money.

So it may have been met with a huge sigh of relief when Ryan announced Monday that he was stepping down as publisher and CEO. “I’m deeply grateful to Fred for his leadership and for the friendship that we’ve developed over the years,” Bezos wrote, according to an account of Ryan’s departure in The Wall Street Journal. Ryan told the staff in a note: “Together, we have accomplished one of the most extraordinary transformations in modern media history. We have evolved from a primarily local print newspaper to become a global digital publication.”

I didn’t interview Ryan when I was reporting on the Post’s revival in 2015 and ’16 for my book “The Return of the Moguls.” (I didn’t interview Bezos, either, but that’s a long story involving emails, snail mail and phone calls. Suffice to say he doesn’t give interviews to anyone, even the Post.) I spoke with then-executive editor Marty Baron and then-chief technologist Shailesh Prakash, who were leading the Post’s revival. I made a few attempts to connect with Ryan, but it didn’t happen. In any case, Baron and Prakash were the ones who were doing the transformational work.

So I was fascinated with Charlotte Klein’s account of the Post’s decline in Vanity Fair earlier this year. Bezos had paid a rare visit to the Post, and everyone was wondering what it all meant. At the time, it seemed like Ryan was feeling empowered with legends like Baron and Prakash having moved on. There was even talk that Baron’s replacement, Sally Buzbee, was musing with her inner circle that she might leave if Ryan didn’t stay in his lane. But in reporting on Ryan’s departure Monday, Klein writes that Buzbee had smoothed things over in recent months even as Bezos has been a more visible presence.

“Bezos, I’m told, has brought refreshing candor to the discussions, in which he’s asked about things like the Post’s paywall strategy and, notably, plan for growing subscriptions,” Klein writes. “At times, he sharply questioned Ryan, one of the sources said.”

For now, the Post will be led by an interim CEO, Patty Stonesifer, former CEO of the Bill & Melinda Gates Foundation. The way forward is not clear at all. Being just like the Times, only smaller and not as good, is not a business strategy. The Post is still a great newspaper, rivaled only by the Times and The Wall Street Journal. But it needs to find its own identify, as the Journal has with an emphasis on business news and a right-wing editorial page. (I’m not suggesting that the Post emulate the Journal’s opinion section; the Post’s is bad enough already.)

More than anything, the Post needs to identify coverage areas that the Times has ignored and doesn’t seem to be interested in. Like, you know, video games. Did I mention that it’s the largest entertainment medium in the country, and that Launcher was bringing in tens of millions of young readers before the Post decided to shut it down? Yes. Yes, I did.

Media critic Dan Froomkin unloads on The Washington Post’s opinion section

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On March 2, 2023

In Media, The Return of the Moguls

Jonathan Capehart, right, with civil-rights leader Dr. Clarence B. Jones. Photo (cc) 2015 by The Communications Network.

Back when I was reporting and researching “The Return of the Moguls,” my 2018 book about The Washington Post, The Boston Globe and the Orange County Register, I had a dilemma. My goal was to write about how the business models of those papers were changing under wealthy ownership. The Post and the Globe were producing excellent journalism as well — and the Register, at least before it all went bad, was improving.

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But what to do about the Post’s opinion section? The Post is our second- or third-most influential newspaper (depending on where you rank The Wall Street Journal), but its editorial pages under the late Fred Hiatt were problematic — dull and dumb, with a few notable exceptions, and pro-war besides. Since I didn’t intend to write a book of media criticism, I decided to punt, describing the section as “moderately liberal with a taste for foreign intervention.”

Well, the Post is going off the rails in all sorts of ways lately. Sara Fischer of Axios reported earlier this week that Jonathan Capehart, one of those notable exceptions, had quit the editorial board, leaving it with precisely zero people of color. (Capehart, who appears weekly with New York Times columnist David Brooks on the “PBS NewsHour,” remains a staff writer and video host with the Post’s opinion section.)

And now Dan Froomkin, an independent liberal media watchdog, has weighed in with a scorching commentary headlined “The Washington Post opinion section is a sad, toxic wasteland.” Yikes! It’s a long piece — worth reading in full — but essentially Froomkin’s argument is that the section has actually gotten worse under Hiatt’s successor, David Shipley. Froomkin writes:

The New York Times opinion section regularly publishes absolute tripe – most recently, a barrage of virulent and ignorant anti-trans rhetoric and panicking about wokeism. Several of its columnists are well past their sell-by date. Some are just trolls.

But there’s no denying that overall, it remains intellectually stimulating, ground-breaking, and consequential.

The Post’s opinion section doesn’t come in for remotely as much criticism as the [New York] Times’s — but that’s because nobody cares about it enough to criticize it.

It offers a regular megaphone to some of the most retrograde ninnies in the business, and has had no impact on the national discourse since torture ended (they were for it).

I found Froomkin’s assessment to be overstated (yes, he does disclose that Hiatt fired him) but fundamentally correct. At a time when Jeff Bezos’ Post is losing money and shrinking after years of profits and growth, the opinion section could stand out as a way to attract new readers. Instead, he allows it to languish, dragging down a (still) great news organization that’s slipping further and further into the shadow cast by its ancient rival to the north.

The Friday reading list

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On January 27, 2023

In Media, Politics

On this Friday morning, I’ve got three stories that I think are worth sharing with you. This is not the debut of a regular feature, but from time to time I run across good journalism that I want to put out there without much in the way of commentary. That’s what we used to use Twitter for, right?

• The Washington Post isn’t going to be fixed anytime soon. Those of us who follow the trials and tribulations of The Washington Post have assumed that longtime publisher Fred Ryan had at least one foot on the proverbial banana peel. But according to Clare Malone, writing in The New Yorker, Ryan has emerged as more powerful than ever since the retirement of Marty Baron as executive editor. He seems to have no fresh ideas for reversing the Post’s declining fortunes, but Bezos apparently likes him. It doesn’t sound like Baron’s successor, Sally Buzbee, shares Bezos’ affection for Ryan, but she lacks the clout that the legendary Baron had.

• Questions about the police killing of Tyre Nichols. MLK50: Justice Through Journalism is among the projects that Ellen Clegg and I are writing about in “What Works in Community News,” our book-in-progress. The website, based in Memphis, focuses on social justice issues. In a list of questions that need to be answered about Nichols’ death, this one stands out: “Since 2015, Memphis police have killed at least 15 people. How many people would need to die at the police’s hands before city leaders concede that the latest incident isn’t an indictment of a few bad apples, but reflects an institution that requires immediate overhaul?”

• The Durham investigation was as corrupt it appeared. New York Times reporters Charlie Savage, Adam Goldman and Katie Benner go deep (free link) into Bill Barr and John Durham’s years-long effort to discredit the investigation into the Trump campaign’s ties to Russia and to somehow drag Hillary Clinton into it. The best quote is from Robert Luskin, a lawyer who represented two witnesses Durham interviewed: ““When did these guys drink the Kool-Aid, and who served it to them?”

Why rumors that Jeff Bezos would sell The Washington Post made no sense

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On January 24, 2023

In Media

Washington Commanders quarterback Carson Wentz. Photo (cc) 2022 by All-Pro Reels.

No sooner had I hit “publish” on Monday’s item about The Washington Post than a rumor started circulating that Amazon founder Jeff Bezos was getting ready to sell. The New York Post claimed that Bezos would unload the Post in order to raise money so that he could buy the Washington Commanders.

The rumor made no sense. Bezos, the fourth-richest person in the world, is worth $120.7 billion, according to Forbes, and could presumably buy the Commanders with change he finds in his pants pocket. (The Commanders are valued at $5.6 billion, according to Statista.) Selling the Post would bring in very little — he paid $250 million for it in 2013, and though the paper enjoyed years of profits and meteoric growth, it’s been losing both circulation and money over the past year. Which is to say that he might not be able to get much more for the Post than he paid for it nearly 10 years ago.

As Chloe Melas reports for CNN, spokespersons for both Bezos and the Post denied the rumor immediately. CNN’s Oliver Darcy, in his media newsletter, notes that the N.Y. Post later toned down its headline.

If Bezos ever gets tired of being a newspaper mogul, I hope he’ll donate the Post to a nonprofit organization, as the late Gerry Lenfest did with The Philadelphia Inquirer. But a week after one of Bezos’ rare visits to the Post, there are no signs of that happening.

Should Jeff Bezos have sat in on a news meeting at The Washington Post?

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On January 23, 2023

In Media

Jeff Bezos. Photo (cc) 2010 by Steve Jurvetson.

Should someone from the business side of a major newspaper — up to and including the owner — sit in on a news meeting? Generally speaking, the answer is no, but I’m not sure that there’s any hard and fast rule. An ethical owner will not interfere in the news coverage in any way. But that doesn’t necessarily mean they can’t listen.

In early 2017, when I was reporting for my book “The Return of the Moguls,” I was allowed to sit in on a Boston Globe news meeting presided over by the paper’s editor, Brian McGrory. I was somewhat surprised to see co-owner Linda Henry, now the CEO, sitting off to one side, taking notes. She said nothing, and it didn’t strike me as inappropriate — just a bit unexpected.

Another owner I was tracking, Jeff Bezos, was a different story. According to everyone I spoke with, Bezos was entirely hands-off with the news operations of The Washington Post, although he was deeply involved in various business and technology initiatives. By all accounts, Amazon’s founder was a model newspaper owner, leaving his journalists alone to cover the news — including Bezos’ own interests — as they saw fit.

So I was surprised to learn in The New York Times (free link) that Bezos had recently sat in on a news meeting at the Post and listened as executive editor Sally Buzbee and her lieutenants discussed several story ideas that no doubt piqued Bezos’ interest. According to the Times’ Benjamin Mullin and Katie Robertson:

Other than Mr. Bezos’ appearance, the news meeting proceeded as it might on any other day, with editors discussing news stories and readership trends, according to the people with knowledge of the meeting. At one point, an editor mentioned plans to run an article about the discontinuation of AmazonSmile, a charity program that Mr. Bezos championed. The editors also discussed the pending sale of the Washington Commanders. The Post previously reported that Mr. Bezos was interested in buying the National Football League team.

Now, you might say that Buzbee’s predecessor, the legendary Marty Baron, never would have allowed such a breach of the wall between the news and the business sides. Well, maybe, maybe not. Because Mullin took to Twitter and reported that he’d heard the same thing had happened at least once during the Baron years. “For what it’s worth: Someone told me this happened in an editorial meeting under Marty Baron, who turned to Jeff and asked him for comment on the spot,” Mullin tweeted. “I’m told Jeff gave a big Jeff laugh and no-commented.”

After years of growth and profits under Bezos, the Post is now losing both circulation and money (another free link; hey, it’s almost the end of the month, when the meter resets). I’ve written before that I think the greatest risk to the Post is that Bezos may be losing interest, so at least his recent meeting suggests that it still engages him. But for someone who seems to have been scrupulous about not interfering in the Post’s news coverage, he ought to be self-aware enough not to sit in on news meetings.

By the way, I should note that though ethical owners and publishers keep their hands off news coverage, that’s not the case on the opinion side. The Post, the Globe and most other large dailies have a strict separation between news and opinion, with the top editors of those operations reporting directly to the publisher. It is entirely ethical for publishers to get involved in the opinion section, and both Linda and John Henry have done that over the years. Bezos, by all accounts, has been as uninvolved in the Post’s opinion operation as he is in news coverage — but that’s his choice. It’s not a requirement.

A final note: In Semafor on Sunday, Ben Smith wrote an item headlined “The Billionaire Era in News Is Fizzling,” building on the Times’ report about Bezos and the Post. Smith lists a bunch of them, from Bezos to Laurene Powell Jobs at The Atlantic and Dr. Patrick Soon-Shiong at the Los Angeles Times.

But John Henry, a billionaire financier, is nowhere to be seen — even though in his own take-it-slow way he’s rebuilt the Globe into a growing and presumably profitable (he hasn’t said for several years, but he keeps hiring) enterprise. Sounds to me like bias against what is still seen in many quarters as a provincial outpost.

Nancy West talks about her entrepreneurial journey and the state of journalism in N.H.

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On November 3, 2022

In Local News

Nancy West of InDepthNH

On this week’s “What Works” podcast, Ellen Clegg and I talk with Nancy West, executive editor of InDepthNH.org. 

Nancy was an investigative reporter during her 30-year career at the New Hampshire Union Leader. Nancy founded the nonprofit New Hampshire Center for Public Interest Journalism in 2015, and has taught investigative reporting at a summer program for students at the New England Center for Investigative Reporting.

Ellen has a Quick Take on a recent article by Dan Froomkin in Washington Monthly. Froomkin, who is now editor of Press Watch, used to work for The Washington Post and has been critical of owner Jeff Bezos. Froomkin is taking aim at the content management system developed by the Post under Bezos. The Post licenses this system to other news outlets around the country. That kind of market power worries Froomkin.

My Quick Take is on the state of journalism in Vermont, a subject we talked about on a recent podcast with Anne Galloway, the founding editor of VTDigger, a well-regarded digital startup. Dan’s topic is about a good piece of media criticism. Bill Schubart, a journalist who writes a column for VTDigger, wrote a column critiquing a recent New Yorker piece by Bill McKibben on Vermont journalism. But Schubart also looked inward and wrote that Digger itself is having problems.

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Some smart questions about Jeff Bezos and the Post. But what’s the alternative?

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On September 28, 2022

In Media

Jeff Bezos. Photo (cc) 2019 by Daniel Oberhaus.

Should one of the world’s most influential billionaires own one of our most influential news organizations? That’s the question Dan Froomkin asks in the Columbia Journalism Review about Jeff Bezos, the founder of Amazon and the owner of The Washington Post. It’s an important article, and you should read it. But I have some reservations, which I detail below.

Headlined “The Washington Post Has a Bezos Problem,” Froomkin’s piece argues that the situation has changed since the early years of Bezos’ ownership, when the Post’s news and editorial pages were edited by Graham-era holdovers (Marty Baron and Fred Hiatt, respectively) and the paper returned to glory with deep investigative reporting on Donald Trump, both before and after the 2016 election.

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Now, Froomkin writes, Bezos tweets critically about President Biden’s economic policies while the Post’s news coverage, whether coincidentally or not, appears to track with those tweets. Bezos also had a hand in hiring Baron’s successor as executive editor, former Associated Press executive editor Sally Buzbee, and editorial page editor David Shipley, a Bloomberg journalist who was hired following Hiatt’s sudden death. Froomkin writes:

Throughout history, newspapers have frequently been owned by moguls — and readers were at times appropriately apprehensive. In this era, Rupert Murdoch has created a powerful media empire, which includes Fox News and The Wall Street Journal, and his influence has been considerable.

But Bezos is in a different league even from Murdoch. The world has never seen wealth like this before, and it has never been so interconnected.

As I said, Froomkin makes some good points. We ought to be concerned about that kind of power concentrated in one of our leading news outlets. He quotes Edward Wasserman, a media ethicist at the Graduate School of Journalism at Berkeley, as saying that Bezo’s dual role as a master of the universe and as the Post’s owner as being “not compatible with the kind of independence we normally associate with independent news organizations.”

But I think we have to dig a little deeper. When I was reporting on the Post for my 2018 book “The Return of the Moguls,” I could find no evidence that Bezos interfered with the paper’s news coverage or even its opinion operations. (The latter would be perfectly acceptable for an owner, and in fact John and Linda Henry are known to have their say in the opinion pages of The Boston Globe.) Nor did Froomkin find any evidence to the contrary.

What I have found as a reader of the Post is that though the paper will offer tough coverage of Amazon when warranted, it hasn’t gone out of its way to do any in-depth enterprise reporting on Amazon, as The New York Times has. As I told Froomkin, “I suppose nothing would answer the question more thoroughly than if they suddenly unveiled a real ass-kicking story about Amazon — a real in-depth piece of enterprise reporting that reflected pretty harshly on their owner.”

But every newspaper owner has conflicts of interest. Before Bezos bought the Post and took it private, it was a publicly traded company owner by the Graham family, who also owned the Kaplan testing company. The Grahams were often criticized for the Post’s soft coverage of the education testing industry. Of course, John Henry is the principal owner of the Red Sox. Glen Taylor, who revived the Star Tribune of Minneapolis, is a sports owner as well. Patrick Soon-Shiong, who owns the Los Angeles Times, is a pharmaceutical entrepreneur. And on and on.

All of these billionaires have improved their papers at a time when corporate chain owners and hedge funds like Gannett and Alden Global Capital are hollowing out their newspapers by the hundreds. Soon-Shiong’s ownership of the LA Times has been controversial, but he’s invested in the paper and he hired a fine newsroom leader, Kevin Merida, the most prominent Black editor in the country now that Dean Baquet has retired from the NY Times. Needless to say, none of these billionaires wields the sort of clout that Bezos does. But you have to ask: What is the alternative? Who is Dan Froomkin’s ideal owner?

In fact, I asked Froomkin that on Twitter. His answer: “A local foundation or a local philanthropist or a civic-minded billionaire or a union. Anything but the (near) richest guy in the world. This broken system is working for him just great.”

Hmmm. Certainly the Henrys, Taylor and Soon-Shiong qualify as civic-minded billionaires — maybe even as local philanthropists. Presumably the only thing that rules out Bezos is scale. I’m not familiar with any unions that own newspapers, although it’s a great idea and there are some historical examples.

A local foundation? There are a few. The Philadelphia Inquirer and the Tampa Bay Times are for-profit newspapers owned by nonprofit foundations — the Lenfest Institute and the Poynter Institute, respectively. But that came about because the billionaires who owned those papers donated them. The Salt Lake Tribune is a nonprofit that was donated by yet another billionaire.

Frankly, I think the biggest worry about the Post is that Bezos might be losing interest, which — if you read between the lines of a recent NY Times story — is a real concern. If that’s the case, would Bezos donate the Post to a foundation, as Gerry Lenfest did in Philadelphia and Nelson Poynter did in Tampa Bay/St. Petersburg? I’d like to think he wouldn’t preside over the revival of The Washington Post only to turn around and deliver it into the arms of Alden Global Capital. But who knows?

It could well be that the only thing worse than the Post under Bezos is the Post under a different owner.

Politico’s look at the LA Times has some interesting tidbits, but it’s hardly a takedown

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On September 19, 2022

In Media, The Return of the Moguls

Patrick Soon-Shiong. Photo (cc) 2019 by the World Economic Forum.

Patrick Soon-Shiong came along too late to make the cut. In mid-2018, the celebrity surgeon bought the Los Angeles Times and several other papers for $500 million. My book about a new generation of wealthy newspaper owners, “The Return of the Moguls,” had just been published.

Too bad. Soon-Shiong is at least as interesting as the owners I wrote about: Jeff Bezos, who bought The Washington Post and re-established the legendary paper as a powerhouse; John Henry, who slowly transformed The Boston Globe into a growing and profitable enterprise; and Aaron Kushner, who poured money into the Orange County Register only to fail at attracting enough advertisers and readers to pay for his profligate spending.

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Now Politico has weighed in with a lengthy story about the Times under Soon-Shiong that portrays his ownership as something of a mixed bag. He’s invested in the paper, reversing years of cost-cutting by its previous owner, Tribune Publishing (which for a time was known as tronc), and he’s put a highly regarded editor, Kevin Merida, in charge of the newsroom. But his interest in the paper seems to wax and wane, and his daughter, Nika Soon-Shiong, is portrayed as interfering in the newsroom.

I have to say that I’m puzzled by some of the wailing. The Politico article, by Daniel Lippman, Christopher Cadelago and Max Tani, claims that Nika Soon-Shiong has inserted herself into the process of endorsing political candidates as though that were somehow a bad thing. Now, the Times may be making some dumb endorsements, such as its decision to back Nika Soon-Shiong ally Kenneth Mejia for city controller. Mejia, according to the Times’ own reporting, regards both Joe Biden and Donald Trump as “sexual predators.”

But a newspaper’s owners are free to insert themselves into the opinion pages as much as they’d like. A good owner will keep a distance from news operations, but the opinion section is their playground. John and Linda Henry are involved in the Globe’s editorial pages and no one thinks anything of it. Jeff Bezos’ lack of interest in the Post’s opinion operation is unusual.

Nika Soon-Shiong has also expressed her leftist views in a tweet (which she deleted) critical of her own paper’s crime coverage and in suggestions for story coverage. There is, for instance, this, which I find entirely benign, even salutory:

In 2020, Nika Soon-Shiong started participating in staff meetings about the paper’s failures in covering race and how it could become more inclusive in hiring. She suggested the paper avoid using the word “looting” when covering the unrest over police brutality, which inspired the paper to tweak style guidelines.

Times company leaders at the time asked then-top opinion editor Sewell Chan to brainstorm ways that Nika Soon-Shiong could get more involved in the paper. He talked with her about whether working with the opinion section would be a possibility. (Chan declined to comment.)

Politico quotes Merida as saying that Nika Soon-Shiong has “a right to critique our journalism, offer story ideas and other suggestions she believes will help make us better,” and that the “same right is extended to those we cover and to those who read us.” The fact-checker rates that statement as 100% true.

Patrick Soon-Shiong is a bit of an oddball. A profile in The New Yorker last year by Stephen Witt raised questions about his success as a pharmaceutical entrepreneur. But he has been a far better owner of the LA Times and The San Diego Union-Tribune, a throw-in that was part of the Times deal, than Tribune Publishing had been. Indeed, Soon-Shiong’s one unforgivable act as a newspaper owner was a non-act — his decision to do nothing to stop the sale of Tribune to the hedge fund Alden Global Capital, which of course began gutting its papers as soon as the deal was consummated.

Tribune owns some of our most storied newspapers, including the Chicago Tribune, The Baltimore Sun and the Hartford Courant — the oldest continuously published newspaper in the country. Soon-Shiong, a billionaire, could have stopped the transaction and helped Baltimore hotel magnate Stewart Bainum with his bid to buy the chain. Instead, Alden wound up with Tribune, and Bainum has launched a digital nonprofit called The Baltimore Banner. In an interview with Brian Stelter, then of CNN, Soon-Shiong protested that he was a “passive investor,” adding: “I’ve got my hands full and frankly, really committed to the LA Times and San Diego Union-Tribune.”

The Los Angeles Times is far better off under Soon-Shiong family ownership than it had been under years of Tribune mismanagement — mismanagement that would have turned into a rout under Alden. The Politico piece contains some interesting tidbits, but it’s hardly a takedown.

One way forward for the sputtering Washington Post: Reconnect with local news

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On August 31, 2022

In Media

Jeff Bezos. Photo (cc) 2019 by Daniel Oberhaus.

Back when I was reporting on The Washington Post in 2015 and ’16 for my book “The Return of the Moguls,” the paper was on a roll. Paid digital subscriptions were skyrocketing, profits were rolling in even as the staff was growing, and it was breaking story after story about the rising menace of Donald Trump. David Fahrenthold broke the two of the most important stories of the 2016 campaign: the corruption at the heart of the Trump Foundation and the audio tape on which Trump was heard bragging about sexually assaulting women.

Now Fahrenthold is at the Post’s ancient rival, The New York Times, and the Post itself is sputtering. The legendary executive editor, Marty Baron, retired in March 2021. His successor, Sally Buzbee, has had the unenviable task of maneuvering the Post through the COVID-19 pandemic while dealing with controversies such as the Dave Weigel-Felicia Sonmez Twitter mess, which led to Sonmez being fired. And now the Times’ Benjamin Mullin (reprising a story he cowrote last December when he was still at The Wall Street Journal) and Katie Robertson are reporting (free link) that paid circulation is down, profits have turned into losses, and owner Jeff Bezos seems less interested in the place than he was in the early years of his ownership.

What went wrong? Bezos’ principal insight was his realization that there was room for a third great national newspaper alongside the Times and The Wall Street Journal — and that, in the digital age, he didn’t need to roll out print beyond the D.C. area. The Post was cheaper than the Times or the Journal and was available everywhere, through Amazon Prime and on Fire tablets.

Eventually, though, the Post ran afoul of some inherent contradictions. The biggest is this: It hasn’t really differentiated itself from the Times, which has left the Post in the unenviable position of being a less comprehensive competitor. The Times simply has more, especially in international coverage such as the war in Ukraine as well as arts and culture. The Post’s advantages are that it’s cheaper and its digital products offer a better user interface. Contrast that with the Journal, which really is different from the Times in its focus on business news and its hard-right opinion pages.

Judging from the Times story, I wouldn’t be surprised to see Post publisher Fred Ryan get his gold watch sometime in the near future. Buzbee hasn’t had a fair chance to make her mark, and I doubt that Baron would have navigated the past year any more surely than she has. In retrospect, it looks like Baron timed his exit perfectly.

In the long run — and the short run — the Post needs to establish itself as the go-to place for a certain kind of coverage you can’t get anywhere else. Its political reporting is broad and deep, but so is the Times’. With a much smaller staff than the Times has, what opportunities are there? In the final years of Graham family control, the Post emphasized regional coverage. Without abandoning its commitment to national and international news, maybe the way forward for the Post is to reconnect with its local audience.

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