LA Times’ billionaire owner repeatedly fell behind on payments to star correspondent, vendors: report

The Los Angeles Times repeatedly fell months behind on payments to contractors and vendors — even stiffing one of its own marquee hires — as billionaire owner Patrick Soon-Shiong pressed ahead with plans to take the 144-year-old newspaper public, according to a report. Among those caught in the payment delays was investigative journalist Catherine Herridge, who struggled for months to collect money owed under her lucrative deal with the paper before finally getting paid after what sources described as a prolonged battle, the Status newsletter reported. A spokesperson for the newspaper appeared to confirm at least some of the allegations,...