Eli Broad Confirms His Interest in LA Times

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By Richard Horgan Comment

Austin Beutner was front and center in LA Weekly‘s recent look at potential LA Times bidders. Tonight, he is connected once again to billionaire Eli Broad¬†and the non-profit vision previously outlined by Hillel Aron.

The big difference is that Broad is now making it official. From The Hollywood Reporter item by west coast business editor Paul Bond:

“Mr. Broad has always believed in local ownership of the Times and would be interested in joining with others to buy the paper,” Broad spokeswoman Karen Denne tells THR.

Broad remains, then (2006) and now, an ideal white-knight candidate. Other individuals rumored in Hillel’s report to be interested in joining the Beutner effort were former LA mayor Richard Riordan and billionaire Patrick Soon-Shiong.

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