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by
Rick Moran

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April 30, 2013 - 2:39 pm

Of course, if the group of high-powered liberal billionaires and Democratic party fundraisers are successful in buying the Times, that’s just peachy with them.

They are all totally oblivious to the riotous irony of opposing the purchase of a media outlet because they fear ideological contamination, while embracing a rival group’s effort to buy the paper who will ideologically contaminate the coverage anyway — except it happens to be an ideology with which they agree.

That’s how to save “honest” news coverage in LA.

HuffPo:

As Tribune Co. emerges from a four-year bankruptcy, the predominantly Democratic city is quivering at the rumor that libertarian billionaire brothers Charles and David Koch may be interested in buying the LA Times. The brothers are believed to be the only group prepared to buy all eight Tribune papers, including the Chicago Tribune, Baltimore Sun, Orlando Sentinel and Hartford Courant, as a package — how Tribune would like to sell them.

The ownership that most Angelenos seem to favor is a coalition of LA billionaires who have expressed interest, led by former Democratic mayoral candidate Austin Beutner and including prominent Democratic donor Eli Broad.

Many say local ownership is preferable because there’s more accountability and involvement. Local owners know and care about the city. Because they live here, they’re concerned and accessible. They won’t tarnish the paper, because they have local reputations to uphold. It would restore the family feel that the paper had for more than 60 years under the founding leadership of the Chandler family.

“Quivering” because we may possibly, perhaps be exposed to an alternative viewpoint? Perish the thought. We’d rather have our news skewed to the left and keep it that way. We don’t need no stinkin’ variety in the ideas to which we’re exposed.  Just give it to us straight — biased, closed minded, and safely liberal.

Besides, we don’t want any conservative billionaires coming into our fair city and causing trouble. We want our own ideologically rabid billionaires to own our media.

And isn’t it noble how we prefer “local ownership?” Actually, we don’t care who owns the damn paper as long as they’re liberal.

Now, if we can only figure out a way to block the Fox News channel…

Besides, we’ve already had a right winger owning the paper:

However, local ownership can have a dark side. Until the 1960s, the Chandlers used the Times to promote real estate development and Republican ideals. Similarly, when local real estate investor Doug Manchester bought the San Diego Union Tribune in 2011, he turned it into a platform for local business interests. To the dread of most Angelenos, Manchester has expressed interest in buying the LA Times, though he’s not considered a frontrunner.

Promoting “Republican ideals” is the “dark side?” And given the lousy economy in LA,  it might be to the city’s advantage to have its major newspaper do a little shilling for local business interests. Who knows? Maybe someone in the city might get a legitimate job because of it.

This is truly pathetic. Besides, I will bet my house that if the Koch brothers are successful in purchasing the Times. far fewer than half the staff will quit. One look at the job market for journalists, columnists, and newspaper people in general and they will scurry back to their cubicles damn grateful that the Koch brothers see fit to keep them around. It is an empty, idle threat that the Koch brothers should hold them to if they make the purchase. There are so many fine journalists and columnists currently unemployed they’d get 50 resumes for every vacant position.

So perhaps the Times’ staff should stop posturing and get back to work. While they’re at it, they better pray that whoever takes over the Los Angeles Times knows not only what the public needs, but what it wants as well.

 

 

Rick Moran is PJ Media's Chicago editor and Blog editor at The American Thinker. He is also host of the"RINO Hour of Power" on Blog Talk Radio. His own blog is Right Wing Nut House.

Comments are closed.

All Comments   (23)
All Comments   (23)
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Why should they wait? If they really want to make a statement, yeah, they gotta walk now. I think it's fair to say that if the Koch brothers bought the paper that up to half of them would be fired so its just a matter of whether you jumped or got pushed, the result is the same.

50 weeks ago
50 weeks ago Link To Comment
THAT was the idea.
New blood is what is needed and what better way than to buy the organization...and let nature take its' course.
50 weeks ago
50 weeks ago Link To Comment
"Half of LA Times Staff May Quit if Koch Brothers Buy it." Dude. Next thing you know all the foreigners living in LA illegally will threaten to go home.
50 weeks ago
50 weeks ago Link To Comment
What is there for the LA Times staff to fear? The Koch brothers are well-known liberals on issues such as same-sex marriage, drug legalization, anti-war, and a host of other liberal issues. They fit in perfectly with Southern California.
50 weeks ago
50 weeks ago Link To Comment
Durn Lindsey! Thats way to much information for the conservative movement to handle right now. Can you delete that message before you cause massive cardiac arrests on PJM? :)
50 weeks ago
50 weeks ago Link To Comment
Guys: there is a distinction between libertarians and "liberals," which is why the Kochs are demonized by the left. Which part of that have you two forgotten?

OTOH, because the Kochs are not (supposedly) doctrinaire "consrvatives," and hold "liberal" views on the aforementioned subjects, they may well end up "disarming" the locals on a number of issues as far as editorial policy goes. We shall see.
50 weeks ago
50 weeks ago Link To Comment
Actually, Don, I don't follow the Kochs except in the market and moreso in their lobbying corruption. I didn't know their positions as I don't think they really have any values other than leveraging legislation from whomever they can get it, favorable to their international business enterprises and wealth accumlation. They do tend to lobby and financially support the GOP and Libertarians members of congress more though, they did do a do si do starting in 2008 with the tea party movement thinking they might win.

Otherwise, I don't see it being a very smart business move considering the markets involved.
50 weeks ago
50 weeks ago Link To Comment
On the one hand of poltical agendas, it is certainly a way for the conservative (whatever it is now) movement to establish media ownership. On the hand of sound business principles....not so much. Well, maybe as a tax shelter for relatively short awhile. The newspaper biz is exclusively profit driven by first, local market demand and advertising and second (if large), by regional and national advertising of which the latter two continue to prove more and more non cost effective. Considering the politics having been most fovarable in all their markets, they still teetered for a very long time and then finally fell into bankruptcy. But hey! For many really wealthy, they become penny wise and dollar dumb when playing to their self perception of power and status.

In reality, in those markets, if an exerted political strategy of conservative ideology were to be applied to their business model..... well, a liberal political policy of the Tribune Co. with all operations in most liberal markets -- they still were sent into bankruptcy.
50 weeks ago
50 weeks ago Link To Comment
"if an exerted political strategy of conservative ideology were to be applied to their business model"

Fallacious assumption. You assume an ideology would be applied. It's not necessary, and, indeed, would cause more failure. No, they just need to turn the paper into a source of news which people could trust, then it could thrive. Ideology reduces the market.

I do not buy Liberal rags, and Liberals would not buy Conservative rags. Centrist does not cut it, either. Neutral reporting makes it happen. The NY Times is failing, but the WSJ is thriving, because it is reliable. Certainly, the WSJ leans right, at least in the editorials, but mostly, it is seen as reliable, so it gets bought, and it is moving to replace the NYT as "the newspaper of record".
50 weeks ago
50 weeks ago Link To Comment
I think one might find that much of NC's print media financials are propped up by the holdings of Dow Jones and its information services business. -- especially Wall Street Journal, Barrons and market Watch. At least, I agree with those analysts who make this claim. The largre print medium is simply a slowly dying, non profitable industry. The NYT got a temp spike on news of its new digital strategy and then took and equal dump down (apr 2013). In feb 2013 they put the Boston Globe on the sales block. Its all about advertising revenue and ROI for those advertisers. The big revenue comes from the national ad accounts and if they simply are not getting their required ROI regardless of circulation, for which NYT is up since 2012, they bail. The ad shift continues toward the digital medium. Content is secondary, as the nations raw number population is nearty divided in terms of political ideology -- a bit more liberal.
50 weeks ago
50 weeks ago Link To Comment
I really wish some of these rich Republicans swells would stop with the donations and join forces to make a hostile takeover of the NYT while they were throwing about half the LATimes lackeys to the curb by the nape of their neck.

You'd hear a wailing and gnashing of teeth not heard since Al Gore "was cheated."

I'd pay full price for a subscription just to see the monkey cage rattled.

Since Uncle Warren, the closet jackboot and self-serving Obama enabler, bought out the local rag, it has turned severely left in the editorials. Somebody needs to counter Warren in these small markets too.
50 weeks ago
50 weeks ago Link To Comment
Finally, some good news for the downtrodden!
50 weeks ago
50 weeks ago Link To Comment
That's great.
Previously targeted potential owners may come in and expect facts to be reported.
Propagandists cry that they will flee in droves.

One of the worst useless degrees that has been invented is the Journalist Degree.
50 weeks ago
50 weeks ago Link To Comment
Good riddance, and hope it's true. The Brothers would save a lot of pink slips, union protests, and a whole chunk of unemployment claims.

But, the Brothers may still regret the buy. Diller regretted his $1 buy of "Newsweak".

Somehow I don't think Obama's propagandists would go without sabotaging the paper first.
50 weeks ago
50 weeks ago Link To Comment
He regrets his buy of Newsweek, because it is a weekly in an environment of 24/7 news. It is Oldsweek, not Newsweek. That does not mean a daily paper would not do well. Apples to oranges.
50 weeks ago
50 weeks ago Link To Comment
That's a feature - not a bug!

Next can we get them to bid on WaPo, the NYT and the Austin American Statesman?
50 weeks ago
50 weeks ago Link To Comment
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