Kochs ready to buy up and pervert newspapers

Posted in the Coffeyville Forum

The Watcher

Coffeyville, KS

#1 Apr 21, 2013
Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.

The first two pieces of the strategy — educating grass-roots activists and influencing politics — were not surprising, given the money they have given to policy institutes and political action groups. But the third one was: media.

Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, 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.

By early May, the Tribune Company is expected to send financial data to serious suitors in what will be among the largest sales of newspapers by circulation in the country. Koch Industries is among those interested, said several people with direct knowledge of the sale who spoke on the condition they not be named. Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.

The papers, valued at roughly $623 million, would be a financially diminutive deal for Koch Industries, the energy and manufacturing conglomerate based in Wichita, Kan., with annual revenue of about $115 billion.
reader

Independence, KS

#2 Apr 21, 2013
The Watcher wrote:
Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.
The first two pieces of the strategy — educating grass-roots activists and influencing politics — were not surprising, given the money they have given to policy institutes and political action groups. But the third one was: media.
Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, 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.
By early May, the Tribune Company is expected to send financial data to serious suitors in what will be among the largest sales of newspapers by circulation in the country. Koch Industries is among those interested, said several people with direct knowledge of the sale who spoke on the condition they not be named. Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.
The papers, valued at roughly $623 million, would be a financially diminutive deal for Koch Industries, the energy and manufacturing conglomerate based in Wichita, Kan., with annual revenue of about $115 billion.
Someone needs to buy and combine the Coffeyville Journal, the County Chronicle and the Independence Reporter into something of professional quality.
really

Independence, KS

#3 Apr 21, 2013
The Watcher wrote:
Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.
The first two pieces of the strategy — educating grass-roots activists and influencing politics — were not surprising, given the money they have given to policy institutes and political action groups. But the third one was: media.
Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, 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.
By early May, the Tribune Company is expected to send financial data to serious suitors in what will be among the largest sales of newspapers by circulation in the country. Koch Industries is among those interested, said several people with direct knowledge of the sale who spoke on the condition they not be named. Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.
The papers, valued at roughly $623 million, would be a financially diminutive deal for Koch Industries, the energy and manufacturing conglomerate based in Wichita, Kan., with annual revenue of about $115 billion.
good
Johansen

Rosendaal, Netherlands

#4 Apr 24, 2013
I've seen this movie before. It's was called "Citizen Kane". The Kochs will end up broken and depressed after betraying their Declaration Of Principles and cry about the sled they had as a kid as a nurse whips their ass.
viewer

Independence, KS

#5 Apr 24, 2013
Johansen wrote:
I've seen this movie before. It's was called "Citizen Kane". The Kochs will end up broken and depressed after betraying their Declaration Of Principles and cry about the sled they had as a kid as a nurse whips their ass.
No one at the Chronicle or Journal or Reporter has the talent or dignity of Charles Foster Kane.
Jack Orwell

Toronto, Canada

#6 May 15, 2013
Hundreds of Angelenos, some wearing masks of the billionaire Koch brothers, marched in downtown LA Tuesday to protest the industrialists' possible takeover of the Los Angeles Times and other Tribune Co. newspapers.

Union workers, environmentalists and others chanted "Say no to Koch" and "No Koch hate in LA" outside the office of Bruce Karsh, chairman of the Tribune Co. and president of Oaktree Capital Management, the largest Tribune shareholder.

"These are the folks who underwrite the Tea Party ... who think that the gap between the rich and the poor is a good thing … who deny climate change," Roxana Tynan, executive director of the Los Angeles Alliance for a New Economy, told the crowd.

The libertarian brothers Charles and David Koch are believed the only group interested in buying all eight Tribune Co. papers, including the Los Angeles Times, Chicago Tribune, Baltimore Sun, Orlando Sentinel and Hartford Courant, as a package -- how Tribune would like to sell them.
Miss Grundy

Independence, KS

#7 May 16, 2013
The Watcher wrote:
Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.
The first two pieces of the strategy — educating grass-roots activists and influencing politics — were not surprising, given the money they have given to policy institutes and political action groups. But the third one was: media.
Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, 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.
By early May, the Tribune Company is expected to send financial data to serious suitors in what will be among the largest sales of newspapers by circulation in the country. Koch Industries is among those interested, said several people with direct knowledge of the sale who spoke on the condition they not be named. Tribune emerged from bankruptcy on Dec. 31 and has hired JPMorgan Chase and Evercore Partners to sell its print properties.
The papers, valued at roughly $623 million, would be a financially diminutive deal for Koch Industries, the energy and manufacturing conglomerate based in Wichita, Kan., with annual revenue of about $115 billion.
Most of the newspapers around here are already perverted. Walk into one and you're likely to find it's a "hotbed" of sexual irregularity.
pretty boy loyd

Girard, KS

#8 May 16, 2013
farmers owned Farmland Coop then a judge gave it to the billionaires.
viewer

Independence, KS

#9 May 16, 2013
viewer wrote:
<quoted text>
No one at the Chronicle or Journal or Reporter has the talent or dignity of Charles Foster Kane.
But Andy and Rudy and their women all weigh more than Orson Welles did.
Poo Bah

Coffeyville, KS

#10 May 28, 2013
These right-wing nuts think only neo-loons ranting all day long is entertainment. Look at our radio station after Clear Channel bought it. All-day long it's 'Obama-this and Obama-that', along with advertisements for every crooked scam in the universe.
it is their money idiot

Coffeyville, KS

#11 May 29, 2013
How horrible! Rich people buying stuff with their own money. Damn, how awful! Companies that are ready to go bankrupt being bought and people thinking they can keep newspapers alive when everyone knows they are dying. Trying to make them successful when no one else is stepping up to invest their money into the dying papers and then you have rich people that want to buy them with their own money. Don't they know they should first check with the people to see if we want them spending their money or not and on what. Geesh, these rich people really need to learn they can't just go around spending money they earned themselves on stuff unless we the public approve. When will this craziness end????
Flagwaver22

Yates Center, KS

#12 May 29, 2013
Poo Bah wrote:
These right-wing nuts think only neo-loons ranting all day long is entertainment. Look at our radio station after Clear Channel bought it. All-day long it's 'Obama-this and Obama-that', along with advertisements for every crooked scam in the universe.
Which radio stations are you referring to.?

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