In Major Newspaper Shakeup, Union-Tribune Sold by L.A. Times' Owner

The San Diego Union-Tribune has been sold by the owner of the Los Angeles Times to MediaNews Group, a publishing company owned by Alden Global Capital.
The Los Angeles Times' owner Patrick Soon-Shiong and his family sold the Union-Tribune to focus on rebuilding the L.A. Times.
MediaNews Group plans to make staff cuts and offer buyouts at the Union-Tribune to turn a profit.
The sale is the latest in a series of ownership changes for the Union-Tribune, which has faced financial difficulties along with the rest of the newspaper industry.
Soon-Shiong and his family purchased the L.A. Times and Union-Tribune in 2018 but struggled to make them financially viable.