CNN: “Beyond the drastic cuts hanging over the newsroom, it’s unclear what Patrick Soon-Shiong is doing behind the scenes to stable his ship. The biotech billionaire purchased The LAT in 2018, pouring nearly $1 billion into the storied paper and vowing to steer it into the future after enduring years of tumult under Tribune Publishing.”
“But in the words of the newspaper’s own leadership team, years later under his stewardship it is in a dire state of ‘financial crisis.’
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.