L.A.'s reclusive billionaire Phil Anschutz, who is almost never interviewed, is buying a newspaper: the San Francisco Examiner. Here he owns Staples Center, a bunch of downtown property and the Kings, and has his fingers in Hollywood with production companies and theater chains. He's based in Denver and so private that the smiling mug shot at Romenesko is just about the only photo that ever illustrates stories about him. Examiner story.

The Denver Business Journal story says Anschutz plans to publish "a quality newspaper, with an emphasis on balanced reporting, heavy on business and sports and stories about the Bay Area's neighborhoods." In getting the paper that used to be the flagship of the Hearst empire, Anschutz also acquires the annual Bay to Breakers race -- which he has competed in for many years.

More: Los Angeles
© 2003-2009   •  About LA Observed  •  Email the editor
LA Biz Observed
4:03 PM Fri | CBS and ABC have far bigger fish to fry - namely whether their stations can get back the auto and retail advertising that fell off a cliff in 2009.
Native Intelligence
Jenny Price | Recycling!
Veronique de Turenne | And there's still time to take part!
Phil Wallace | Searching for answers after a third loss this year.
Deanne Stillman | Jihad and cash offers meet American soldiers during the Gulf War, and beyond.
Iris Schneider | After a tough year financially, the Museum of Contemporary Art put on a gala party to celebrate with 1,000 of its closest friends.
Jenny Burman
Thinking more about buying less.
Here in Malibu
Seriously -- turn out the lights.
Sponsors
Jewish Journal logo
The California Wellness Foundation
Playa Vista ad
Blogads

Blogads Los Angeles network

Get RSS Feeds
of LA Observed
LA Observed publishes several Real Simple Syndication feeds for easy scanning of headlines. If you wish to subscribe to a feed, most popular RSS readers will do it for you. You can also enter the web address from the XML button below or click on a specific feed. For more help with RSS, try here or here.




Add to Google