LA Times Media Group: Building the Future of Media & Studios

Building the Future of Media & Studios

Los Angeles Times Media Group unites a 144-year archive of stories and IP with today’s immersive technology. We bring journalism, creators, studios, and gaming to life across screens and stages, inviting audiences to participate, belong, and become owners of what’s next.

Problem

Audiences are overwhelmed by noise and fragmented platforms, making clarity and trust hard to find. Creators and brands need premium, brand-safe environments while traditional production models remain costly and slow.

Solution

LA Times Media Group unites trusted journalism, creator-led digital content and publishing, cutting-edge virtual production, and global gaming into one synchronized platform. We turn stories into immersive experiences across screens and stages, monetizing through subscriptions, sponsorships, rights, events, and IP, while inviting community participation and ownership.

Vision

Build the most trusted, technology-powered media company of the next century, where diverse voices are amplified, audiences become owners, and a 144-year archive fuels innovative formats worldwide. We’ll write the next 144 years, together.

Press & News Coverage

‎‎Stay updated with the latest press releases and company news from the Los Angeles Times Media Group.

Independent journalism with a 144-year archive, trusted reporting, explainers, and memberships that turn facts into community.

Creator-forward digital publishing, content hubs, podcasts, and live forums transforming reporting into premium experiences across platforms.

Four Brands, One Engine

Real-time virtual production on reconfigurable LED volumes, cinematic quality, faster cycles, and scalable efficiency for film, TV, and live

Nationality-based, multi-title esports and interactive worlds, arena events, broadcasts, and in-game IP sharing that connect global communities.

Powerful Numbers

144

Years of Reporting (founded 1881)

52

Pulitzer Prizes to Date

* Los Angeles Times

47 Million

Unique Visitors
* UVs Internal Data Jan. 2025 (includes website, eNewspaper, App & Apple News)

12 Million+

Stories in the LA Times Archive Being Digitized

* Los Angles Times’ Internal Estimate

6 Awards

5 Emmy® Awards
1 Academy® Award
* The Television Academy & The Academy of Motion Picture Arts and Sciences

7.7 Billion

Global Virtual Production Market by 2030 (≈13% CAGR)

* 360iresearch.com

641 Million

Projected Global Esports Audience in 2025
* SQ Magazine

2026

Los Angeles to host the Global Esports World Finals (LATMG as host partner)
* Global Esports

The Offering

Own a share of what’s next, key benefits of investing now include:

7% Annual dividend until public listing
Automatic conversion to common stock at IPO
25% Discount to IPO share plan upon conversion
Targeted public listing in 2027 or within 12 months after the completion of the private placement
Open to all accredited investors

Access To All

LA Times Media Group Inc. intends to list its securities on the NYSE and has already made steps to achieve this. Successful listing on the NYSE is subject to meeting specific requirements and completing the offering.

The offering will be available to everyone over the age of 18 and we welcome you to join our wait list to be kept updated the status of the IPO.

Offering Size

$75,000,000

Anticipated Symbol

LAT

Exchange

NYSE

Management

Dr. Patrick Soon-Shiong

Executive Chairman
LA Times Media Group

Chris Argentieri

President & COO

Los Angeles Times

Keaton Heinrichs

VP Business Development | Operations

NantStudios

Anna Magzanyan

President

LA Times Studios & NantGames

Robert A. Morse

Chief Financial Officer

LA Times Media Group

Terry Tang

Executive Editor

Los Angeles Times

Nancy Antoniou

Chief HR Officer

LA Times Media Group

Jeff Balbien

Chief Technology Officer

LA Times Media Group

James Banaag

Chief Accounting Officer

LA Times Media Group

Jake Fyfe

VP Publishing

NantGames

Jeff Glasser

General Counsel

Los Angeles Times

Laura Harrison

CIO

LA Times Media Group

Jimmy Ho

General Counsel

LA Times Media Group

Jen Hodson

Head of PR

LA Times Media Group

Ghalib Kassam

Chief Information Officer

Los Angeles Times

Mike Kechichian

Executive Vice President

LA Times Studios

Brent Lowder

SVP Operations

LA Times Media Group

Reed Maughan

Senior Vice President, Finance and Tax

LA Times Media Group

Akiva Nemetsky

VP, Development & Production

NantStudios

Jason Paluda

SVP Digital

LA Times Studios

Steven Yang

Associate General Counsel

LA Times Media Group

Presentations & Updates

‎‎Stay informed with the latest presentations and company updates from Los Angeles Times Media Group.

Investor FAQ

What kind of stock is LA Times Media Group Inc. (the "Company) offering?

7% Series A Convertible Preferred Stock.

What is the purchase price?

$5,000 per share.

What is the minimum investment amount?

$5,000 for one Preferred Share.

What is the maximum amount that the Company is expecting to raise?

Up to $250 million, with the ability to increase to $500 million. However, the Company is not required to sell any specific number or dollar amount of Preferred Shares in this private offering. As such, the Company may sell less than the maximum number of Preferred Shares offered, and the Company may receive less than the maximum amount of proceeds referenced above.

What are you using the funds raised for?

We currently expect to allocate the net proceeds primarily to: (i) the expansion and build-out of esports facilities and related production infrastructure; (ii) financing LA Times Studios programming, including development, production, post-production, and distribution; (iii) creator partnerships and content creation across Los Angeles Times and other LATMG platforms; and (iv) general corporate purposes and working capital, including talent, technology, and marketing. The actual allocation may vary based on the timing of projects, operating needs, and strategic opportunities approved by management and the board.

Is this a Public Offering?

No, it is not. This is a private offering open to Accredited Investors (see FAQ item #15 below).

LA Times Media Group, Inc is targeting a public listing in 2027 or within 12 months after the completion of the private placement. As part of this process, the company has reserved the stock ticker “LAT”.

If the Company does close its Public Offering, the Company intends to register the shares of common stock into which the Series A Convertible Preferred Stock will be converted prior to the Public Offering, such that those shares of common stock will become tradeable upon the Company’s listing on a major stock exchange after the appropriate registrations with the U.S. Securities and Exchange Commission (the “SEC”).

If the Company consummates its Public Offering, then the conversion of the Series A Convertible Preferred Shares purchased in this private offering will be determined based on a 25% discount to the value of the shares price offered in the Public Offering, directly benefitting investors who purchase Series A Convertible Preferred Shares in this private offering.

Can I still purchase Public Offering shares?

Yes, if the Public Offering (the “IPO”)that the Company intends to pursue is approved by the U.S. Securities and Exchange Commission (the “SEC”), both existing shareholders and new investors will be eligible to participate in the Public Offering. You will not be required to be accredited to participate in the Public Offering.

Do the Preferred Shares carry a dividend?

Yes, the Series A Convertible Preferred Stock Shares will carry an annual dividend payment of 7% of the price per share.

How does the conversion of Preferred Shares work?

TThe Series A Convertible Preferred Shares will be convertible into shares of Common Stock of the Company (the “Common Stock”), in accordance with the terms and subject to the conditions set forth in the Certificate of Designation for the Series A Convertible Preferred Shares.

If I make an investment, is it publicly disclosed?

No. As a private company, the Company intends to keep information related to its investors and their respective investments private and confidential.

How can I participate in this private offering?

To participate in this private offering, you will need to review the offering materials, including the Private Placement Memorandum, and complete the subscription documents, which are available at the following link www.join.latimes.com. You will need to provide copies of personal identification (such as your driver’s license or passport) and verification of residence (such as a utility bill) for KYC and AML (know your customer & anti-money laundering) compliance purposes. You will also need to provide proof that you are an Accredited Investor (see FAQ item #15 below).

How do I pay for the Preferred Shares?

When you complete the subscription documents, you will be able to make payment to the escrow agent by credit card, wire transfer or ACH transfer. You may also mail a check to the escrow agent. Note that purchases by credit card can be made up to $100,000.

Are there higher fees if you invest via credit card, wire vs. ACH?

No, the costs are the same, regardless of how you invest. The Company covers the credit card merchant fees. You will not be charged. However, your bank may charge you outgoing wire fees.

Where am I sending funds to?

All funds are to be sent to our escrow agent, Wilmington Trust, and NOT to the Company. If you are making payment by wire transfer, funds should be wired to:

Wilmington Trust Company
ABA #: 031100092
A/C #: 180428-000
A/C Name: LAT Escrow [FBO: INVESTOR NAME]

International Wires:

M&T
Buffalo, New York
ABA: 022000046
SWIFT: MANTUS33
Beneficiary Bank: Wilmington Trust
Beneficiary ABA: 031100092
A/C #: 180428-000
A/C Name: LAT Escrow

Wires and ACH are preferred but For investors who choose to by physical check made payable to WILMINGTON TRUST, N.A. as Escrow Agent for LA Times Media Group Inc. in the amount of $5000 for each Share subscribed for, with a minimum purchase of one Share for a purchase price of $5000 and must be mailed to:

LA Times Media Group Inc. Escrow

c/o Wilmington Trust

1100 North Market Street

Wilmington, DE 19890

Attn: Workflow Management

No Subscription Booklets are to be sent to the Escrow Agent Wilmington Trust. Any Subscriptions sent to Wilmington will not be accepted and will not be returned.

Investors who wish to complete the Subscription Booklet by mail, may do so by requesting an electronic company by contacting the Placement Agent at [email protected] and emailing a completed Subscription Booklet to lat@digitaloffering or physically mailing a copy to Digital Offering LLC, 1461 Glenneyre Street, Suite D, Laguna Beach, CA 92651.

What is an accredited investor & do I have to be one to participate?

To purchase Preferred Shares in this private offering you must be an accredited investor as defined in Rule 501 promulgated under the Securities Act of 1933. Generally, the term “accredited investor” refers to any person or entity who satisfy the requirements set forth in Rule 501 and who the Company takes reasonable steps to verify comes within any of the following categories, at the time of the sale of the Preferred Shares to such investor. For example, the following requirements apply with respect to an individual investor:

(i) Any natural person whose individual net worth or joint net worth with that person’s spouse, at the time of purchase, exceeds USD $1,000,000 (including spouse’s net worth and fair market value of the person’s home furnishings and automobiles, but excluding from the calculation the value of the person’s primary residence and the related amount of any indebtedness on primary residence up to the fair market value of the primary residence (any indebtedness that exceeds the fair market value of the primary residence must be deducted from the person’s net worth)); or

(ii) Any natural person who had an individual income in excess of USD $200,000 in each of the two (2) most recent years or joint income with that person’s spouse in excess of USD$300,000 in each of those years and has a reasonable expectation of reaching the same income in the current year.

How do I provide verification that I am an accredited investor?

You may wish to visit the SEC website to learn more, and view the Accredited Investor Information provided therein1. Listed below are three (3) ways for you to get verified as an accredited investor. Note that income verification is valid for 12 months from the date we confirm it, while net worth verification is only valid for 3 months from the date we confirm it. Unverified investors will not be permitted to participate in this private offering.

Three Ways to Get Verified as an Accredited Investor:

Please have your CPA, attorney, registered investment advisor, or broker-dealer email us a letter on their letterhead, using this template (the pro-letter document which you will find when you fill out the subscription process online), attesting to your status as an accredited investor based upon their knowledge of your income or your net worth. This letter must be dated within the prior 60 days.
You may instead send income verification documents (such as IRS Forms 1040 or W-2) for us to review that evidence your income for the prior two years. All such information is kept strictly confidential.
You may instead send asset verification documents (such as bank or brokerage statements dated within the past 60 days), which we will review. If you use this method we will request a credit report from a national credit reporting agency to verify your debt, obtain a letter from you verifying that no debt exists other than what appears on the credit report, and calculate your estimated net worth to assist us in making a determination.

I'm not an accredited investor. What is available to me to purchase?

Investors who are not accredited will not have the opportunity to invest in LA Times Media Group’s private offering of Preferred Shares, however you will be able to participate in the IPO. Please click here to sign up to receive updates and information on the planned Public Offering.

How do I get a return on my investment?

Investing in private companies is risky and there is no guarantee you will get a return on your investment or that you may be able to sell the Preferred Shares. However, an “exit” event could open up the opportunity where you could convert your shares into cash or more liquid assets. “Exits” include going public or getting acquired by another company or a financial investor. If the value of the Company grows, then could have a higher potential of making a profit on your investment in the Preferred Shares in connection with a potential exit event. No public market currently exists for the Preferred Shares (or the common shares into which the Preferred Shares may be converted).

What are the risks of investing in LA Times Media Group, Inc?

Any investment in the Preferred Shares involves a high degree of risk. You should consider carefully the risk factors information, together with the other information contained in the Company’s Private Placement Memorandum, before you decide to buy any Preferred Shares.

When will I receive my Preferred Shares?

Preferred Shares that you purchase will be held in your name, in electronic form at the transfer agent for this private offering. No stock certificates will be sent to you, but you will receive a Welcome Letter directly from the Company’s transfer agent with information on how to access and manage your account within 30 days after the Company accepts your proposed investment in Preferred Shares.

What is a transfer agent?

Generally, a transfer agent maintains a record of ownership, including contact information, of an issuer’s registered stockholders.

Who is LA Times Media Group’s transfer agent for this private offering?

The transfer agent for this private offering is Equity Stock Transfer. All investors will receive a Welcome Letter directly from Equity Stock Transfer with information on how to access and manage their accounts within 30 days after the Company accepts your proposed investment.

How do I trade my stock?

There is currently no public trading market for the Preferred Shares or the common shares into which the Preferred Shares may be converted, and there can be no assurance that any such public market will develop in the foreseeable future, if at all. This private offering relies upon exemptions from the registration requirements of federal and state securities laws. Those exemptions require that the securities be purchased for investment purposes only, and not with a current view toward their distribution or resale. Unless the Preferred Shares, or the common shares into which the Preferred Shares may be converted, are subsequently registered or qualified with the SEC and any required state securities authorities, or appropriate exemptions from registration are available, you may be unable to liquidate your investment in the Company even if your financial condition makes such liquidation necessary. Accordingly, prospective investors who require liquidity in their investments should not invest in the Preferred Shares. An investment in the Preferred Shares should only be made by those who can afford the loss of their entire investment.

If the Company consummates the Public Offering, then we intend to apply to have certain of shares of our common stock listed on the NYSE under the symbol “LAT”. However, the listing of our common stock on the NYSE is not a condition of our proceeding with this private offering, and no assurance can be given that our application to list will be approved or that an active trading market for our common stock will develop. If shares of our common stock are listed on NYSE, you will be able to deposit any shares you purchased with a broker. Until you deposit your shares in a brokerage account, the transfer agent will maintain the record of your ownership. Once you deposit your shares with a broker, the broker will maintain that record.*

*No public market currently exists for the securities of LA Times Media Group Inc., and if a public market develops following the offering, it may not continue. Please read the Company’s Private Placement Memorandum in its entirety for additional information on the company and risk factors related to the offering.

Will shares I purchase in this private offering be tradeable after the company goes public?

At the closing of the company’s anticipated public offering, the company will convert all shares sold in this private offering to common shares.

How do I get additional information on the offering?

For additional detailed information we encourage you to read the Private Placement Memorandum in its entirety. If you have additional questions you can email our investment banker at [email protected] and a representative will be in touch with you. Please be sure to include your best daytime phone number and other contact information.

Investor Relations

Reach our team for inquires.
[email protected]
1-213-237-7377