...While they have a newspaper. Or five, including the Chicago Tribune and the L. A. Times. Yes, the Koch brothers may be looking at buying Tribune Company's newspapers, which the bankrupt media company is selling while they still can, hoping to hang onto to their 23 TV stations (and a cable channel and a radio station) and maybe claw their way back into solvency.
The Kochs are on the shortlist of possible buyers for the clanking, ink-spatted anachronisms.
Imagine Reason Magazine as the Sunday supplement!
Side note, it appears from the bidders cited that running a newspaper is more and more a billionaire's hobby rather than a business. These days, even a major-market local paper couldn't make money if it was printed on flatbread during a famine; they need owners who can afford to break even or bear a small loss if they're going to continue. If it's going that way (and it is), it'd be nice to have one or two -- or five -- who weren't owned by George Soro's golf buddies. If nothing else, the return of some dynamic tension between publisher/owner and the newsroom would help keep 'em all on their toes.
BUILDING A 1:1 BALUN
3 years ago
"... couldn't make money if it was printed on flatbread during a famine ..."
Thank you Ms. X! I needed a laugh this morning and you ably provided on. :-)
Many years ago I was a staff photographer at a local weekly. Not a job I'd ever want to go back to. From my outdated insider’s perspective it would be a very good thing to have an honest (small "l") libertarian really really rich person run a hobby paper or two or ten to have a genuine unbiased newspaper - I want to say "again" but I can't really say that we've ever truly had one...
Anywho, thanks for the LOL!
If the Koch brothers win the bidding, we'll start seeing bombs, made and set by Leftists, detonated at those newspapers.
Good points Roberta! And they are not calling 'dead' media for nothing...
Over here in Ye Olde... it's the same.
The funniest thing is that that epitome of leftist propaganda 'The Guardian' is only kept afloat by the income generated from one its subsidiary publications 'Autotrader' magazine.
So Marxist diatribes supported only by stealing income from those horrible capitalists - modern Britain writ small!
Heh! A newspaper run by conservatives might actually make a profit!
The Koch brothers are not exactly "conservative;" on a number of social issues, they're decidedly not. While they might not be flat-out wookie-suited Libbytariains, this may give 'em an advantage when dealing with the newsrooms. They'll at least throw an occasional curve.
I would hope they could get the TV and Radio Stations as well. Really stick it to the Libtards
Post a Comment