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pepperonikkid

Progressives have a new nightmare

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pepperonikkid

Progressives have a new nightmare

 

 

http://www.americanthinker.com

By Thomas Lifson

November 24, 2017

 

 

Article:

 

 

Realistic political analysts have always believed that their dominance of mainstream media has always added to the vote totals of Democrats and progressives. President Trump's excoriation of fake news is an attempt to lessen that advantage by helping credibility erode faster than ever from the major media outlets.

 

But now a different kind of threat is emerging, and we can expect screams of outrage if a couple of billionaires follow through on moves being hinted at. Following the example of Jeff Bezos's bargain-basement purchase of the Washington Post, a couple of major media properties may fall into conservative hands and be repurposed as conservative outlets.

 

Peter Kafka reports in Recode:

 

Do the Koch Brothers want their own media empire?

 

They're putting more than $500 million into a bid for Time Inc. Why?

 

The fact that Meredith is trying to buy Time Inc. is news, but it's not shocking: The magazine publisher that owns Family Circle and Parents has been trying to combine with the publisher that owns People, Time and Sports Illustrated for years.

 

The big surprise: Charles and David Koch, the billionaires who are a powerful force in conservative politics, are backing the bid.

 

The New York Times reports that the Kochs are putting more than $500 million into a deal that hasn't closed but seems pretty far along, and could be finalized in the coming weeks. I'm told the investor group backed by billionaire Len Blavatnik, which floated an offer for Time Inc. last year, doesn't plan to compete for the company now.

 

We'll learn more about the proposed deal soon, but here's the first, obvious question: Do the Kochs want to be investors in a media business because they like the economics? Or because they want influence?

 

Conventional wisdom is that Meredith has always been interested in Time's portfolio of titles that appeal to women and the advertisers who want to reach them – People, Real Simple, InStyle, etc. – and that it either wouldn't buy titles like Time, Fortune and Sports Illustrated, or that it would resell them once it picked them up.

 

The addition of the Kochs, though, adds a new twist.

 

Up until now, the brothers haven't made big investments in media, unless you count the massive ad dollars put to work on behalf of their candidates and causes. Is it possible that they're interested in owning their own publications as well?

 

Time Inc.'s titles don't have anything like the reach and clout they used to have, of course. But there's still a there there – even though Time's revenue has been in decline for years, it still did more than $3 billion last year.

 

So it's possible the Kochs are making a purely economic bet here and they believe a version of the pitch Time Inc.'s management has been making for years: We're going to use our declining print business to build a new digital business. (Time Inc.'s digital ad revenues passed $500 million last year – a number that Time Inc. execs like to compare to BuzzFeed, which did about half of that in the same time frame.)

 

Glenn Reynolds of Instapundit has long argued that wealthy conservative donors should send their money buying women's magazines rather than futilely buying advertising. Those women-oriented magazines are uniformly hostile to conservative causes and could easily be turned around.

 

Full Story

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Taggart Transcontinental

That may not be a great thing either, if we start getting bombarded by "conservatives" about this candidate that isn't the people's choice. If I recall the Koch's took their toys and left in the last campaign.

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Dutch13

That may not be a great thing either, if we start getting bombarded by "conservatives" about this candidate that isn't the people's choice. If I recall the Koch's took their toys and left in the last campaign.

 

Why wouldn't they have taken their money and gone home? Donald Trump spent most of 2015 and the early part of 2016 telling us he didn't need people giving him money and any candidate that accepted money was beholden to those special interests. He obviously didn't want any of their money.

 

Oh, I understand......they are not in lockstep with Sir Donald Trump, so they are the enemy now.

 

 

Edited by Dutch13

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Severian

Kafka, interesting name for a journalist.

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Dean Adam Smithee

That may not be a great thing either, if we start getting bombarded by "conservatives" about this candidate that isn't the people's choice. If I recall the Koch's took their toys and left in the last campaign.

 

:yeahthat:

 

Besides, I've never been convinced that the Koch brothers are all that conservative, anyway. Especially not David H. Koch.

 

"Free Market"? Yes. "Libertarian"? Yes, up to a point. But..."Conservative"? Not so much, and really only to the extent that "conservative" would overlap with "Libertarian/Free Market" in a Venn diagram.

 

As I see it, if a person is pro-choice AND supports gay marriage AND buys into (man-made) Global Warming AND wants balance the budget :thumbsup: but AT THE EXPENSE OF withdrawing from the middle east and slashing the military :thumbsdown: :thumbsdown: then I just can't call that person a conservative regardless of how impeccable their Libertarian credentials are.

 

And that would be David H. Koch to a 'T'.

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Rock N' Roll Right Winger

Why wouldn't they have taken their money and gone home? Donald Trump spent most of 2015 and the early part of 2016 telling us he didn't need people giving him money and any candidate that accepted money was beholden to those special interests. He obviously didn't want any of their money.

 

Oh, I understand......they are not in lockstep with Sir Donald Trump, so they are the enemy now.

The Koch brothers are NOT conservatives.

 

They are corporatists that are always looking to lobby and buy influence to make the people have to use their corporation's products/services.

 

Trump cannot be bought and has no desire for their bribe money.

 

The TDS is strong in you.

Edited by Rock N' Roll Right Winger

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Coach

Why wouldn't they have taken their money and gone home? Donald Trump spent most of 2015 and the early part of 2016 telling us he didn't need people giving him money and any candidate that accepted money was beholden to those special interests. He obviously didn't want any of their money.

 

Oh, I understand......they are not in lockstep with Sir Donald Trump, so they are the enemy now.

 

 

The Koch boys are for the Koch boys, nothing mysterious about that. In the end their opinions counted for two votes, theirs. Harry Reid made them public enemies # 1 and totally missed who the democrat party's biggest threat was and still is, forgotten Americans.

 

A lot of folks are still out of touch.

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MTP Reggie
Do the Koch Brothers Sisters want their own media empire?

 

 

Fixed that for ya...

Edited by MTP Reggie

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Howsithangin

Why wouldn't they have taken their money and gone home? Donald Trump spent most of 2015 and the early part of 2016 telling us he didn't need people giving him money and any candidate that accepted money was beholden to those special interests. He obviously didn't want any of their money.

 

Oh, I understand......they are not in lockstep with Sir Donald Trump, so they are the enemy now.

 

Perhaps it has escaped your notice, but Trump has been more conservative in deed, than nearly every GOP politician alive has been in word.

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E Van der Vliet

Perhaps it has escaped your notice, but Trump has been more conservative in deed, than nearly every GOP politician alive has been in word.

Word!

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Severian

Perhaps it has escaped your notice, but Trump has been more conservative in deed, than nearly every GOP politician alive has been in word.

Exactly right, which is why the Deep State wants him stopped. He's putting conservative, originalists on the Federal courts, and unwinding Obama's illegal and damaging Executive Orders, such as the insane Paris Accord, which if Obama wanted it to really count should have sent it to Congress as a treaty as per the Constitution. He didn't because he knew it wouldn't pass, so he figured he'd just act like a King and rule by decree. Trump is undoing a lot of this damaging nonsense, I only wish he was doing more.

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Natural Selection

Perhaps it has escaped your notice, but Trump has been more conservative in deed, than nearly every GOP politician alive has been in word.

 

Trump had the NY liberals fooled for decades. He knew how to act like one of them to get what he wanted from a deep blue city.

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