History of LA Times
On December 4, 1881, the Los Angeles Times was published under the name Los Angeles Daily Times. Though, in 1881, the original founders started to run into financial problems. This caused the paper's printer, The Mirror Printing Office and Book Bindery, to step in and inherit the paper. In 1882, the printing company hired Harrison Otis Gray, a former military officer, to be the editor. As soon as he was hired, finances began to rise quickly. In 1884, Otis and a partner of his purchased the whole Times and Mirror properties, incorporating the two into Times-Mirror Company. Two years later, in 1886, Otis purchased his partner's interest in the company too. In October 1886, the "Daily" in Los Angeles Daily Times was removed, changing the name to, what we know as today, Los Angeles Times. As the city grew so did the news. The competition was intense between other local newspapers. It was not until the mid 1940s that the Times became the leading newspaper in Los Angeles. Though its news reflected political bias, the paper prospered quickly and gained respect for its contributions to the development of southern California and its technological innovations. Today the LA Times is the largest metropolitan newspaper in the country. ( The Los Angeles Times , Britannica)