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Joe Nocera

The Time Is Ripe for a New Owner of the L.A. Times

Revenues and earnings are down at Tronc Inc. But the stock is up. That gives me hope.
Investors seem to be circling.

Investors seem to be circling.

Photographer: George Rose/Getty Images

The Los Angeles Times is a mess.

Its publisher, Ross Levinsohn, who joined the paper just five months ago, was placed on leave in mid-January after NPR detailed allegations of sexual harassment and “frat house behavior” at some of his previous jobs. He was the Times’s fifth publisher in five years; it is unclear if he will return, or if the paper’s parent company, Tronc Inc., will have to find yet another publisher.