Joe Nocera, Columnist

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.

January 31, 2018 at 12:00 PM UTC

Joe Nocera is a former Bloomberg Opinion columnist. He has written business columns for Esquire, GQ and the New York Times, and is the former editorial director of Fortune. He is the host and writer of the Bloomberg-Wondery podcast "The Shrink Next Door."

Investors seem to be circling.
Photographer: George Rose/Getty Images

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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.,1517349443274 will have to find yet another publisher.