Skip to comments.
Wash. Post Company Chairman Sells Newsweek to Harman Because of Comfort with His 'Centrist Politics'
Newsbusters ^
| August 2, 2010
| Jeff Poor
Posted on 08/02/2010 3:00:49 PM PDT by Rufus2007
Although it's not clear if Sidney Harman made the best offer of the suitors vying to purchase Newsweek magazine, there is one reason that was made clear by Donald E. Graham, chairman of The Washington Post Co. (NYSE:WPO).
According to Mike Allen at Politico, Harman's bid was accepted by Graham partly because he felt comfortable with Harman's politics.
"Graham felt comfortable with Harman's centrist politics, and was comforted by the idea of selling to a stalwart of the Washington establishment," Allen wrote. "Harman is expected to preserve the serious-minded, essentially New-Democratic tone [outgoing Newsweek editor Jon] Meacham set for the magazine."
...more...
(Excerpt) Read more at newsbusters.org ...
TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: harman; liberalmedia; mediabias; newsweak; newsweek; washingtonpost; wp; yeahright
Navigation: use the links below to view more comments.
first 1-20, 21-36 next last
Another chapter in the demise of Newsweek...
1
posted on
08/02/2010 3:00:53 PM PDT
by
Rufus2007
To: Rufus2007
Then I’ll just keep on NOT buying or reading it.
2
posted on
08/02/2010 3:06:31 PM PDT
by
FrankR
(It doesn't matter what they call us, only what we answer to....)
To: Rufus2007
“Centrist Politics” is to the Washington Post...
...as “Trotskyism” is to a constitution-loving American
3
posted on
08/02/2010 3:08:34 PM PDT
by
Yossarian
(A pro-life democrat is one who holds out for something in return for his pro-abortion vote.)
To: Rufus2007
Then I’ll just not buy it as per usual .
Newsweek is one of the more lefty lying kook mags out there right now and they say they will sell it to this guy for that reason, PLEASE my sides are splitting with laughter.
4
posted on
08/02/2010 3:09:05 PM PDT
by
manc
(WILL OBAMA EVER GO TO CHURCH ON A SUNDAY OR WILL HE LET THE MEDIA/THE LEFT BE FOOLED FOR EVER)
To: Rufus2007
Harmon is the the husband of Democratic congresswoman Jane Harmon. He is 91 and she is 65. Guess who is going to inherit this publication and how it will lean politically.
5
posted on
08/02/2010 3:09:52 PM PDT
by
Uncle Hal
To: Rufus2007
"Harman is expected to preserve the serious-minded, essentially New-Democratic tone "
Up until today, they claimed to be nonpartisan.
6
posted on
08/02/2010 3:10:13 PM PDT
by
TopQuark
To: Rufus2007
If it has to go to a Democrat, it could go to worse families than Jane Harman’s. If she had received the intelligence chairmanship that she should have got in the first place, this administration MAY have executed with a bit more sanity.
To: Rufus2007
8
posted on
08/02/2010 3:13:35 PM PDT
by
Huskrrrr
To: Rufus2007
Are they selling because they are losing money with that leftist view? Then to continue on with the same view seems to ensure the next owner will also go broke
9
posted on
08/02/2010 3:14:20 PM PDT
by
Beowulf9
To: Rufus2007
Newsweak will continue to tank.
10
posted on
08/02/2010 3:14:51 PM PDT
by
b4its2late
(Ignorance allows liberalism to prosper.)
To: Rufus2007
I’m going to run out and not buy one right now.
11
posted on
08/02/2010 3:15:50 PM PDT
by
MarineBrat
(Better dead than red!)
To: RinaseaofDs
Here’s the thing....it hasn’t achieved a profit in years. It’s hard to envision how this new team will twist the Newsweek team into some kind of profit. If it’s unable to level off and at least show marginal gains....then it’ll be sold again within three years....probably for half what they paid for it.
To: Rufus2007
The term
shuffling desk chairs on the Titanic was created specifically for this instance in the way the MSM is gonna be hitting the proverbial iceberg any time soon.
I bid you, the MSM, a very fond not-ever-to-be-missed-collective-farewell as you all sink beneath the ocean of truth, justice and the American Way! BUWAHAHAHAHHAHAHAHAHHAHA!
13
posted on
08/02/2010 3:17:58 PM PDT
by
lbryce
(Obama Notwithstanding, America's Best Days Are Yet To Be .)
To: Rufus2007
Isn't there some law that requires the officers of a publicly traded company NYSE: WPO)to act in the best interest of shareholders. Were the shareholders asked if they wanted to accept a below market-value price for Newsweek? IOW, if they wished to contribute to a subsidy for disseminating leftist propaganda.
To: Rufus2007
Isn't there some law that requires the officers of a publicly traded company NYSE: WPO)to act in the best interest of shareholders. Were the shareholders asked if they wanted to accept a below market-value price for Newsweek? IOW, if they wished to contribute to a subsidy for disseminating leftist propaganda.
To: Rufus2007
active member of the Program on Technology, Public Policy, and Human Development at the John F. Kennedy School of Government at Harvard University. Dr. Harman is chairman of the Program Committee of the Board of the Aspen Institute for Humanistic Studies and a member of the Board of the Carter Center of Emory University. Dr. Harman served as the Deputy Secretary of Commerce of the United States in 1977 and 1978.
trustee of the Martin Luther King Center for Social Change
He is married to Jane Harman, a congresswoman from California.
16
posted on
08/02/2010 3:22:45 PM PDT
by
kcvl
To: USFRIENDINVICTORIA
Their Board has to approve the sale. Shareholders can sue the Board if they think the sale was not “in their best interests”.
17
posted on
08/02/2010 3:23:56 PM PDT
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: USFRIENDINVICTORIA
Sidney Harman, founder of Harman Industries, a $3 billion producer of sound systems for luxury cars, theaters and airports. Mr. Harman maintains a library in each of his three homes, in Washington, Los Angeles and Aspen, Colo.
18
posted on
08/02/2010 3:27:30 PM PDT
by
kcvl
To: Rufus2007
I guess the WPO shareholders dont care if they are a for profit company or not.?.? He sold it to the lowest bidder?? Unbelievable.
19
posted on
08/02/2010 3:28:40 PM PDT
by
samadams2000
(Someone important make......The Call!)
To: USFRIENDINVICTORIA
Indeed there is and they might get away with some rubbish about pursuing a left wing editorial policy while they own the magazine but they have a duty to get the best price when disposing of a property.
20
posted on
08/02/2010 3:29:26 PM PDT
by
Timocrat
Navigation: use the links below to view more comments.
first 1-20, 21-36 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson