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

nytimes.com

141–150 of 151 posts

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

#141
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.

I haven't read Time in ages, but "Top 10" lists were their bread and butter in the 90's. The whole mission seems quaint now, but you really could feel sort of caught up with US news and pop culture by reading a slim magazine once a week.

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

#142
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... ]

Sadly, while Murdock's people made the WSJ less of a quality paper, it's one of the few that still makes money, and that probably wouldn't have been the case without the changes.

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

#143
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... ]

WSJ has always been famous for hard news and right-wing editorial page. They use the hardnews to lend credibility to their editorial.

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

#144

Earlier quoted context omitted.

"Harry and Markle": A British prince marrying am American is celebrity gossip, but of the kind that makes the front page of quite venerable Western news outlets. The CFPB official suing Trump is a serious ongoing crisis which is not about personal injury, but rather a dispute about who is legitimate head of a federal agency. It is the literal top story of the Wall Street Journal. And whatever you might think about th…

I wasn't saying they are not important issues. I was just questioning GP's assertion that they have entirely different content.

The content wasn't in question, the headlines were. The assertion was HuffPo has more hysterical headlines than WaPo

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

#145

Earlier quoted context omitted.

I wasn't saying they are not important issues. I was just questioning GP's assertion that they have entirely different content.

The content wasn't in question, the headlines were. The assertion was HuffPo has more hysterical headlines than WaPo

>scanning their front page at any given time reveals normal headlines, definitely not what HuffPo does

how are huffpo headlines not "normal" if they have same headlines.

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

#146

Earlier quoted context omitted.

I wasn't saying they are not important issues. I was just questioning GP's assertion that they have entirely different content.

The content wasn't in question, the headlines were. The assertion was HuffPo has more hysterical headlines than WaPo

Responding to your comment here:

WaPo headline for CFPB story: Fight over consumer watchdog agency goes on as two acting directors try to take command

HuffPo headline: CIVIL WAR AT FINANCE WATCHDOG!

One is clearly more hysterical than the other. The story content may be roughly the same, but the headline is not. And if the headline is so clickbaity, it's probably not unlikely that the content is more dramatic/hysterical than is necessary too.

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

#147
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…

Are you suggesting that this new Time will be willing to run an investigative series on some other subsidiary of Koch brothers?

Or that in case some editor gets the bright idea to write something critical about cause near and dear Kochs that a call from that equity development arm will not change editor's mind?

People of all political stripes buy media to have influence first. Making money is a bonus.

PS It would be interesting to see how WaPo changed stance after Bezos bought it.

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

#148
post #93

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

Happens constantly here now, with no explanation. Rank-and-file contributors are scolded about editorialising headlines, yet the moderators do it all the time when it suits their fancy. Along with the shadow bans that get handed out on a whim, it's one of the major reasons I've stopped visiting.

Hey, thanks for the downvotes, guys, but I would've appreciated actual discussion. (Another reason I've left.)

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

#149
post #108
post #66

Earlier quoted context omitted.

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.

Weird, these don't strike me as particularly flattering:

https://www.washingtonpost.com/world/europe/amazon-workers-i...

https://www.washingtonpost.com/business/stores-hope-deals-ex...

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

#150

Earlier quoted context omitted.

Has WaPo's "activist" owner had any real impact on what they choose to cover?

WaPo is an operation mockingbird outlet through and through now, and has no credibility left over from its olden days.

Yikes, really saddened to hear this far-reaching conspiracy claptrap on HN.
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