hundred million dollar deal purchasing a los angeles times and the sister paper the san diego union tribune archies natasha suite has more from los angeles biotech billionaire patrick still song brings local ownership back to the los angeles times and after selling out some five hundred million dollars outsider say there are some big changes to come now sushant worth an estimated seven point eight billion dollars according to forbes joins a list of other wealthy entrepreneurs investing in publications massive layoffs and changes in management have been plaguing the l.a. times as they face challenges in adapting to the digital age no word of will take notice of the new york times its strategy on thursday the company said it added one hundred fifty seven thousand net digital only subscriptions in the fourth quarter well this pushes the overall subscription revenue to more than one billion dollars for the year takeover will reportedly allow the paper to repay its debt sixty five year old son john was born to chinese parents in south africa he came to the u.s. in the one nine hundred seventy s. to do a surgica