- Mar 7, 2014
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‘Their own media megaphone’: what do the Koch brothers want from Time?
Meredith Corp. announces it will buy Time Inc. for about $1.8B
TheKoch brothers want to buy Time.
Well, sort of. They're putting in $650 million into the deal alongside Meredith Corporation. That's just under half of the $1.8 billion dollar deal.
There were rumors before that they wanted to buy the LA Times and other such newspapers. I'm guessing they're trying to get into news media so they can control their message a lot more, instead of paying others to spread their message.
Is Meredith part of all of this? Do the Koch Brothers have influence over this media company?
Do the Koch brothers have the chance of taking over the US as their own personal fiefdom?
Meredith Corp. announces it will buy Time Inc. for about $1.8B
TheKoch brothers want to buy Time.
Well, sort of. They're putting in $650 million into the deal alongside Meredith Corporation. That's just under half of the $1.8 billion dollar deal.
There were rumors before that they wanted to buy the LA Times and other such newspapers. I'm guessing they're trying to get into news media so they can control their message a lot more, instead of paying others to spread their message.
Is Meredith part of all of this? Do the Koch Brothers have influence over this media company?
Do the Koch brothers have the chance of taking over the US as their own personal fiefdom?