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Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

nytimes.com

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Re: Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

#81

Post by wnevets »

Hasz wrote: post #36

Allegedly, the Koch Brothers don't plan to take an active role in the company. "Steve Lombardo, a spokesman for Koch Industries, also said that the Kochs had no plans to take an active role in the expanded company. “This is a passive financial investment made through our equity development arm,” Mr. Lombardo said. The company’s role in the transaction, he said, was similar to that of a bank." Regardless of what you t…

Yes lets take the word of self proclaim political activist when it comes to buying media companies

Re: Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

#82

Post by tomcam »

forapurpose wrote: post #14

I wonder why Bill Gates, in contrast to the Koch brothers, stays out of social and political issues. He seems to care deeply and many of his goals, such as advancing health and education, depend on politics much more than on his money. For example, the Kochs work hard to reframe discussion of government revenue / taxes, regulation, and government overall in order to reduce all of them (whatever you think of their goa…

He is a frequent political to Democratic candidates. Just visit http://classic.fec.gov/finance/disclosure/advindsea.shtml and fill in Gates, William, with Microsoft as the employer. Most of it's the Microsoft PAC but he also favors such luminaries as Debbie Wasserman Schultz, who torpedoed Bernie's candidacy.

Re: Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

#85

Post by pocketsquare2 »

Hasz wrote: post #36

Allegedly, the Koch Brothers don't plan to take an active role in the company. "Steve Lombardo, a spokesman for Koch Industries, also said that the Kochs had no plans to take an active role in the expanded company. “This is a passive financial investment made through our equity development arm,” Mr. Lombardo said. The company’s role in the transaction, he said, was similar to that of a bank." Regardless of what you t…

Occam's Razor.

You typed a lot of words when the truth is obvious. Billionaires don't acquire media outlets to make money (directly).

Re: Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

#86

Post by nickpp »

twblalock wrote: post #74
mc32 wrote: post #29

Earlier quoted context omitted.

On the other hand the state sponsored one forces you to pay an involuntary fee and it is not all that balanced a source.

What percent of your income was the TV tax? Be honest.

Does it matter? It's still money taken by force.

Re: Time Inc. Sells Itself to Meredith Corp., Backed by Koch Brothers

#89

Post by idle_processor »

latch wrote: post #84
subroutine wrote: post #71

Maybe Trump will be Time's person of the year after all.

Why would you say that?

The implication is that the Koch brothers gain power or favors by undermining Time's selection process, making Trump PotY. Whether it's because Trump wants to be PotY or because it boosts the right wing are open to interpretation.

I am not endorsing the OP's statement, just trying to clarify.

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