American journalism to be saved from Rupert Murdoch by…Charles and David Koch?
Posted by Charles II on April 1, 2013
No, not April Fool’s. Connor Simpson, The Atlantic Wire (via FAIR):
This could get very ugly, very fast. The Koch brothers are reportedly [by the LA Weekly] considering a bid for the Tribune Company newspapers — focusing on the crown jewels of the L.A. Times and Chicago Tribune, or at least what jewels of power are left in the flailing newspaper industry — but they may face stiff competition in the form of a debt-free, full pocketed media power player named Rupert Murdoch.
If the notoriously free-spending political heavyweights and brothers in industry choose to go for the whole company — and, importantly, if their offer is taken seriously and ends up bailing out the papers — their purchase would also include 20 television stations along with the eight papers.
Simpson thinks the report is unlikely. What seems beyond doubt is that the LA Times and the Chicago Trib–and six other papers and 20 television stations–are going from being owned by reactionaries to being owned by delusionaries.
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