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Koch Brothers Plan To Buy Up Eight Major Newspapers

Koch Brothers Plan To Buy Up Eight Major Newspapers

Written by Annie-Rose Strasser

The billionaire oil moguls Charles and David Koch are pushing ahead with their plans to purchase several news outlets across the United States, according to a detailed report in the New York Times on Sunday.

At a recent seminar in Aspen, one attendee reported that the brothers — infamous for bankrolling conservative candidates and causes — put forth the question of, “How do we make sure our voice is being heard?” Their answer, it seems, will be to purchase the entire Tribune company, which constitutes a huge swath of American print media:

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.

Politically, however, 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.

In total, the Tribune company is responsible for eight print publications.

Charles and David Koch’s money has been instrumental in getting anti-climate politicians into office, and in funding anti-climate science studies. The brothers have also funded with the secretive conservative network ALEC (the American Legislative Exchange Council), which has crafted “model legislation” for voter ID laws that limit voting rights, particularly for low-income people of color. The group was also responsible for the so-called “Stand Your Ground” law that temporarily allowed Trayvon Martin’s killer, George Zimmerman, to walk free.

The brothers also tried to influence the latest election by warning some 45,000 employees that there would be “consequences” if they didn’t vote for Republicans.

This post was originally published by ThinkProgress.

 

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111 comments

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6:41AM PDT on May 19, 2013

They must be stopped.

9:14AM PDT on Apr 28, 2013

Why do these 2 guys, who between them don't have enough wisdom to live simply, think that 'expanding their message' is going to help their already worn out, regected ideas gain a wider audience? It's like sales people who think if they intensify their pitch, thro in lots of freebies, and keep pestering, eventually people will buy what they're selling.Some how, it doesn't register with them that the market has already been saturated and there is no money for un-needed stuff. As soon as people recognize the same old garbage, even though the package is new, won't buy it either even if they have enough money. These dopes don't seem to understand that they're already sitting on so much of the money that should be circulating in the mainstreet economy.They are in self destruct mode and good ridence.

9:45AM PDT on Apr 26, 2013

Hope the Tribune company doesn't cave into propaganda at it's worst, maybe 2nd worst Fox (faux) News network.

7:38PM PDT on Apr 25, 2013

I'm not too worried. If they turn out like the newspaper version of Fox News, I don't think the group they are reaching out to are capable of reading!

3:12PM PDT on Apr 25, 2013

The death knell for the fourth estate. As if Rupert Murdoch wasn't bad enough!

11:51AM PDT on Apr 25, 2013

Grief, the USA is more and more like Winston Graham's life in 1984. Brainwashing gone mad. These evil men will totally damage real news if they do this.

10:09AM PDT on Apr 25, 2013

Can't stand these guys!

9:55AM PDT on Apr 25, 2013

Yeah, the Koch brothers. So many folks need that kind of money! Christians are often unpopular on care2, I've noticed. But just think: wouldn't it be cool if one of the brothers came to know Jesus and decided to give his money to help the needy, set up housing for the homeless, see that those who need good food get it, how about helping with the national debt...I'm just thinking of what billions of dollars could do....ahhhhhhhhhhhhh. The Koch brothers...geeeez.

5:14AM PDT on Apr 25, 2013

These are the folks that are the root of the problem. They just never have enough and use our backs to get more than anyone could ever use in one lifetime. I personally do not give a hoot what these guys do or how they choose to live their lives until it interferes with the rest of us good people then I tend to get angry since they try to steer us to do their evil biddings. Wouldn't our world be a better place if these sorts would get their minds right and do whats right for Mother Earth, their fellow man with all their wealth and power or just disappear?

4:17AM PDT on Apr 25, 2013

Well we don't have to read them.

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