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

nytimes.com

101–110 of 151 posts

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

#102
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…

If conservative billionaires are alike, the way WSJ has tanked since being bought by Murdoch portends that Time will be a disaster. (For example, it started peddling "Mueller needs to resign" nonsense after the indictments under easily falsifiable excuses.) [See https://www.politico.com/story/2017/10/30/murdoch-fox-muelle... ]

What have the WSJ's subscriber numbers done since Murdoch purchased it?

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

#103
post #12

I grew up in a home that subscribed to Time Magazine, and am young to remember how often that brand was touted in advertisements on TV. But it's been a long time since I've associated prestige with that media brand, especially after it was spun off from the actually profitable parts of Time Warner. With the exception of their "Person of the Year" tradition, which draws attention but seems to have as little actual inf…

Any time I've landed on the website itself, I've seen nothing but "Top 10" lists.

That really killed the brand for me. I don't associate quality journalism and storytelling with Top 10 lists. Plenty of other websites do these lists far, far better.

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

#104

Short on content, long on medication ads is how I view Time. Time has suffered from the lack of a differentiated digital content strategy that is compelling. I default to WaPo, NYT, Economist, FinTimes, Atlantic and the BBC.

NYT, Economist and Atlantic are all good. But good God, WaPo has let itself go with HuffPo-tier headlines and hysteria.

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

#106

Anyone know why the headline was changed on HN to remove the Koch Brothers?

Almost certainly: an attempt to de-fang a discussion that would almost certainly be highly political, and in the hope that discussion of that element might at least tend to be amongst those who'd read the article rather than responded to the headline.

Information delivery rates matter.

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

#107

Earlier quoted context omitted.

"brought to you by Open Society Foundations"

I think this recent point made by Nigel Farage in the EU parliament sums it all up. https://www.youtube.com/watch?v=PZLr0TtPjUc

Yes, an unscrupulous man spouting almost anti-semitic conspiracy theories at a job he is, at best, part-time at sums up a lot about the man doing the spouting.

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

#108
post #66

Earlier quoted context omitted.

Jeff Bezos owns SpaceX competitor Blue Origin, and was a big Hillary Clinton supporter.

It's still an assumption to connect the paper's content to Bezos though. That he has William Randolph Hearst level control in the WaPo seems like a common conspiracy theory.

If you were working in WAPO, you would think twice about publishing negative stories about Amazon or Bezos.

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

#109

Earlier quoted context omitted.

"brought to you by Open Society Foundations"

I think this recent point made by Nigel Farage in the EU parliament sums it all up. https://www.youtube.com/watch?v=PZLr0TtPjUc

...Nigel Farage, involved in the Brexit rererendum on the leave side, speaking out against dark money in politics? I'm sure he's utterly sincere.

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

#110

Earlier quoted context omitted.

Not all stories are widely known before they break. For instance, Wapo might not pursue an investigative piece on Amazon as enthusiastically, or another investigation may get prioritised because of the owner. A story that isn't pursued might not see the light of day. Big stories, like the Weinstein disclosures, are broken after long periods of investigation and journalistic grunt-work. Only after they break do you se…

> Not all stories are widely known before they break. For instance, Wapo might not pursue an investigative piece on Amazon as enthusiastically, or another investigation may get prioritised because of the owner. As is true of all Media. I don't recall any major Fox News articles or pieces on the Sexual Harassment claims of Bill O'Reily. But the story got out, because we have competing media companies in the USA. That'…

> But the story got out, because we have competing media companies in the USA.

How long did it take for the Kevin Spacey story to get out even though there were rumours from early 2000. Some stories can remain buried for a very long time.

Free market is not the answer to everything.

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