November 26, 2017 at 6:01 pm #33305November 27, 2017 at 12:05 pm #33314
Koch brothers’ ‘passive’ role in Time Inc. takeover met with skepticismNovember 27, 2017 at 2:46 pm #33318skepticalParticipant
Word is Time and Fortune is dead. The Koches want the other stuff. I read this from a former Time editor now at Bloomberg.November 27, 2017 at 5:37 pm #33324washnotoreParticipant
On a local level Koch Industries also owns Georgia Pacific. There closing down some parts of the GP paper mill in Camas.November 27, 2017 at 6:22 pm #33325
More like Cock Industries.November 27, 2017 at 6:39 pm #33327cbaravelliSpectator
CNN divestiture from TWT wasn’t enough to convince the DOJ which blocks AT&T merger. Selling off the first T won’t either. Sport’s Illustrated has been losing subscribers for a long time despite having great writers. WT is doing the right business decision.
This month’s People magazine en Espanol does have 138 pages and Time magazine in English has 48 pages. Last time I read a Time was while waiting at Alpha almost two years ago. The rag is a shell of its former self. Life magazine just does retro personalities and are sold at point of purchase in grocery stores like the National Enquirer.
Meredith Media owns KPDX and KPTV.November 27, 2017 at 6:45 pm #33328Andy BrownParticipant
Print media clearly has very little future. Subscription lists are probably of value (for direct snail mail campaigns) but little else among the assets has real future value. Magazines have held on longer then newspapers, but that is not saying much.November 27, 2017 at 7:16 pm #33330
The magazine will go the way of the pager and VHS. I’m surprised any of them are still in business.November 27, 2017 at 7:30 pm #33332
Here’s an article proposing that Meredith will spin off Time mag to the National Enquirer so it will become a pro-Trump rag.November 27, 2017 at 7:38 pm #33333
The Cock Brothers like to put their money where they can push their agenda. Profit doesn’t matter if you trick the public into supporting things like the elimination of the inheritance tax. Investments into those outlets are chump change to the tax benefits these billionaires stand to take advantage of.
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