Posted on 01/25/2015 1:34:27 AM PST by OddLane
The New York Times is the last major American newspaper to be owned by a family dynasty, in this case the Ochs-Sulzbergers, a tight-knit and occasionally fractious clan who even at their best have been criticized as relics of an earlier era — generous and genteel and maybe a tad out of touch.
That’s partly why former New York City mayor Mike Bloomberg has for most of a decade wanted to own the paper of record. The self-made billionaire, who’s never been impressed by the family’s management, feels he would do better, according to those who know him.
And as one of the more fantastic pieces of Manhattan media gossip, the notion continues to make the rounds, like a campfire song with a new detail added on to each pass. The latest comes courtesy of New York Magazine’s Gabriel Sherman who reported Friday that Bloomberg had over a year ago inquired about the possibility of buying the Times with publisher Arthur Sulzberger. He promptly replied it wasn’t for sale.
End of saga, right?
Not quite.
(Excerpt) Read more at recode.net ...
But then a penny saver paper is better than the NY Times.
Someone asked Richard Childress (NASCAR team owner) to to make millions in NASCAR. He said the same thing.
Not much value left in a toothless prostitute. Probably be sold to a Middle Eastern sheikh or mullah. Partisan Media Shills ping.
Personally, I can't wait for the day he buys out Pinch and turns it into a Spanish-language tabloid.
That would be terrible, it would force all the news divisions of the networks to learn Spanish to get their direction. How cruel.
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