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Geffen sets sights on NY Times
Financial Times ^ | May 12 2009 | By Matthew Garrahan in Los Angeles and Kenneth Li and Andrew Edgecliffe-Johnson in New York

Posted on 05/11/2009 7:49:10 PM PDT by boycott

David Geffen, the former record executive who made an offer for the Los Angeles Times two years ago, now wants to buy the New York Times, according to people close to the situation.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: davidgeffen; dreamworks; newyorktimes; obama
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Obama man Geffen sets sights on NYT.

Geffen is one of the guys that got Obama to run.

The following link discusses Geffen getting Obama to run:

http://latimesblogs.latimes.com/washington/2008/11/obama-geffen.html

1 posted on 05/11/2009 7:49:11 PM PDT by boycott
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To: boycott

Good he will go broke as fast as Sam Zell did with Tribune Company.


2 posted on 05/11/2009 7:55:41 PM PDT by scooby321
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To: boycott

I doubt it could become any more of an Obama propaganda sheet than it already is under little Pinch.


3 posted on 05/11/2009 7:55:47 PM PDT by Unam Sanctam
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To: scooby321

I doubt that.

Geffen would get bailout money from his buddy in the White House.

They’re already discussing bailouts for the print media. I doubt the libs let their propaganda machines die.


4 posted on 05/11/2009 7:59:27 PM PDT by boycott
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To: boycott

The one and only way for the New York Times to be resurgent, is for it to drop the marxist crap - and be like Fox News or Rush.

They won’t do that. So they’ll fail.

The New York Times has become the buggy whip factory of record.


5 posted on 05/11/2009 7:59:35 PM PDT by Cringing Negativism Network (Got Tea?)
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To: scooby321

How bad off is Sam? I know he took a took a big hit. I wonder if Carlos Slim will be able to call his $250 million note plus ask a premium. Geffen will probably have to pump in $100 million a year which he could easily do for 15 tp 25 years.


6 posted on 05/11/2009 7:59:56 PM PDT by Frantzie
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To: Cringing Negativism Network

NYT = The Old Gray Buggy Whip (Lady).


7 posted on 05/11/2009 8:00:55 PM PDT by Frantzie
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To: Unam Sanctam
I agree and who in the hell does Geffen expect to attract to read this rehashed rag? Remember the people who were reading the rag before were educated enough to recognize communist garbage presented before their very eyes! This was the reason the paper had lost its credibility.
8 posted on 05/11/2009 8:01:28 PM PDT by classified
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To: Unam Sanctam

You’re right about that.

I remember learning about propaganda in high school. It used to be Pravada and Tass in the former USSR. Now it’s the NYT and most every other news source in the USA.


9 posted on 05/11/2009 8:02:47 PM PDT by boycott
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To: scooby321

How to make a small fortune:

Start with a LARGE fortune and buy a failed liberal rag of a newspaper.


10 posted on 05/11/2009 8:14:46 PM PDT by Dick Bachert (IF WE AREN'T WORKING ON 2010 NOW, WE'RE ALREADY LATE!)
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To: boycott

I guess that would make the Times a real “Fag Rag.”


11 posted on 05/11/2009 8:15:15 PM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
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To: dfwgator

i hope he does buy it, his fortune is going to take a hit


12 posted on 05/11/2009 8:18:24 PM PDT by 4rcane
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To: dfwgator
I guess that would make the Times a real “Fag Rag.”

Oh,it's been that for years....as has its bastard stepchild,the Boston Globe.

13 posted on 05/11/2009 8:18:59 PM PDT by Gay State Conservative (Christian+Veteran=Terrorist)
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To: boycott

I don’t understand why some rich conservative or a group of rich conservatives wouldn’t just put an offer on the table to rich to refuse, buy it, and then fire the entire staff and let the paper atrophy or totally change its content


14 posted on 05/11/2009 8:29:35 PM PDT by jeltz25
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To: jeltz25

Most conservatives invest to make money, not to advocate


15 posted on 05/11/2009 8:35:10 PM PDT by 4rcane
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To: Unam Sanctam
I doubt it could become any more of an Obama propaganda sheet than it already is under little Pinch.

But under Geffen the Grey Lady will come all the way out of the closet and be known as the Gay Lady. It may go national targeting major homo enclaves outside NYC. It'll be a hit in Hollywood, San Fransicko, Miami and other well-known teabagging locations.

16 posted on 05/11/2009 8:47:18 PM PDT by Bernard Marx ("Civilizations die by suicide, not from murder" Toynbee)
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To: jeltz25

I agree.

I wish someone like Rush would. He’s got enough money now to buy that rag.


17 posted on 05/11/2009 8:52:07 PM PDT by boycott
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To: dfwgator

No doubt that he could continue his liberal and homosexual agenda. Before long we’d probably be seeing extremist articles in support of NAMBLA.


18 posted on 05/11/2009 8:54:39 PM PDT by boycott
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To: boycott

Only a fool would accept the New York Times as a gift, let alone actually pay something for it.


19 posted on 05/11/2009 8:54:50 PM PDT by Bobalu (Don't despair, it will all be over soon.)
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To: Bobalu

Geffen is no fool. He will make the NY Times the Trojan Horse for the gay Newspaper- The Advocate


20 posted on 05/11/2009 9:14:15 PM PDT by Steelfish
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