Sunday, April 21, 2013

Koch Brothers Consider Buying Major Newspapers

Billionaire industrialists Charles and David Koch, who have used their fortune to buy politicians, harm working people and further their right-wing agenda, are considering purchasing the Tribune Company's eight regional newspapers, including several in battleground states. According to one individual who has attended Koch Industry political strategy seminars, “they see the conservative voice as not being well represented”:

...Koch Industries, the sprawling private company of which Charles G. Koch serves as chairman and chief executive, is exploring a bid to buy the Tribune Company’s eight regional newspapers, including The Los Angeles Times, The Chicago Tribune, The Baltimore Sun, The Orlando Sentinel and The Hartford Courant.

...Politically...the papers could serve as a broader platform for the Kochs’ laissez-faire ideas. The Los Angeles Times is the fourth-largest paper in the country, and The Tribune is No. 9, and others are in several battleground states, including two of the largest newspapers in Florida, The Orlando Sentinel and The Sun Sentinel in Fort Lauderdale. A deal could include Hoy, the second-largest Spanish-language daily newspaper, which speaks to the pivotal Hispanic demographic.

...Conservatives...welcomed the idea of a handful of prominent papers spreading the ideas of economic “freedom” from taxes and regulation that the Kochs have championed.

For more on the Koch brothers, read "Covert Operations" by Jane Mayer, The New Yorker, August 30, 2010, and watch "Koch Brothers Exposed" by Robert Greenwald.

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