Nolte: Far-left L.A. Times, Washington Post Losing Ten$ of Million$ Annually

The far-left Washington Post and Los Angeles Times are losing tens of millions of dollars annually.

Tee hee.

After decades of spreading bias, lies, conspiracy theories, and political violence, the chickens have finally come to roost at these dreadful publications.

“A new report saying billionaire Patrick Soon-Shiong has sunk hundreds of millions of his own money into an unprofitable Los Angeles Times underscores how desperate the news industry is to chart a plan for survival in the digital era,” reports the equally dreadful Axios.

“Soon-Shiong has said in meetings that he had put nearly $1 billion into the L.A. Times,” the Axios report adds. “He paid $500 million for the paper and related assets and has had to spend an estimated $300 million in additional cash over the last five years[.]”

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