Posted on 04/21/2013 7:49:50 AM PDT by blam
Now The Koch Brothers Want To Buy Chicago Tribune, LA Times, Et Al, To 'Make Sure Our Voice Is Heard'
Henry Blodget
April 21,2013
If you can't beat 'em, buy 'em. Billionaire Charles Koch.
The bankrupt Tribune Company has put its bundle of eight huge newspapers on the block.
One of the expected bidders for these papers, Amy Chozick of the New York Times reports, is Koch Industries, the massive energy and manufacturing conglomerate owned by the conservative billionaires David and Charles Koch.
The Kochs may bid for the newspapers, a person who attended a recent seminar held by the Koch brothers in Aspen said, to "make sure that [the libertarian] voice is heard."
The Tribune's newspapers include:
* The Chicago Tribune
* The Los Angeles Times
* The Baltimore Sun
* The Hartford Courant
* The Orlando Sentinel
Buying the papers is expected to cost only about $625 million, which would be a rounding error for the gigantic Koch Industries, which generates a staggering $115 billion of revenue per year.
The focus of the Koch's recent Aspen seminar, Chozick reports, was to put together a 10-year plan for achieving a goal of lower taxes and less regulation.
The seminar produced a three-point plan: educating grass-roots activists influencing politics, and... media
The acquisition of the Tribune papers would obviously go a ways toward supporting the latter tactic.
(Excerpt) Read more at businessinsider.com ...
Our voice or theirs?
The libs sure hate and despise it when anyone somewhat conservative touches their stuff...
I would imagine that they will raise all kinds of holy heck about this.
It would be good to see the terribly one sided Leftist slant countered.
Good news.
IMO, probably NOT a good idea as the libs would take their toys and run to another lib news outlet. Hence, sales would drop significantly for those purchased outlets as listed. Not good to have such a debt load without income to support it.
Of course, I could be wrong but odds are in my favor of that happening.
That would be the best thing to happen to the Chicago Tribune since Colonel McCormick was alive.
I’m sure they know how to battle the newspaper unions.
Something needs to be done to combat Al Gorejazerra.
Need to implement the right kind of cultural change at those newspapers.
It’s not like a light switch, Left<->Right.
It’s a process.
“IMO, probably NOT a good idea as the libs would take their toys and run to another lib news outlet. Hence, sales would drop significantly for those purchased outlets as listed.”
That implies that conservatives don’t have enough numbers, interest and cohesion to take up the lib slack. That’s probably right.
While they are at it, buy Comcast and fire some people.
Thousands would subscribe if this comes to pass.
Great Idea! They can’t take the money with them. Naysayers be darned. There is no silver bullet. No panacea. Death by a thousand cuts is still death. “All of the above” approach is the right answer to winning our country back.
I see it happening the other way. Kind of like Fox News, back when they first started, before the Saudis bought into it. I think the papers would do well.
Brilliant move. We cannot win hearts and minds with the likes of dumbo Sean Hannity and idiot Glenn Beck at the forefront. Rush is great but can’t impact those who won’t or don’t listen. Something like this is badly needed.
I would subscribe to that.
Maybe they could even just report the news. I know that is a radical idea but it could catch on. The real problem would be finding a few actual journalists that could keep their leftest agenda out of every story and do some real reporting.
Great news...must be a LOT of anal puckering going on in the ‘journalists’ at those institutions.
Debt load? We’re talking about one half of one percent of their income. That’s not a debt load, it’s the spare change in your ashtray.
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