It is a fact when the media is owned by large corporations, such as FOX, 'the truth' in reporting is subverted for political aspirations of the owners. The power is an addiction and the steering is inevitable. This is good news because it supports democracy. The Boston Globe fell into an ideal situation. It was well established and purchased by a local business that has a vested interest in the people and their well being. The only profiteering under circumstances of local ownership will have to worry about is the promotion of the sport's team. That is not a bad thing. I find the dissolution of this so called 'survival deal' encouraging for our democracy.
3:44 PM 08/22/2013
Koch Industries (click here) will not be buying the Tribune Company’s eight newspapers, which include the Chicago Tribune and the LA Times, The Daily Caller has learned.
Sources with knowledge of the business proceedings told The Daily Caller that Koch Industries, after conducting its due diligence, has not been interested in buying the newspapers for “a couple months.”
The company determined that purchasing the newspapers was “not economically viable” and that both parties walked away from the negotiations, they said....
3:44 PM 08/22/2013
Koch Industries (click here) will not be buying the Tribune Company’s eight newspapers, which include the Chicago Tribune and the LA Times, The Daily Caller has learned.
Sources with knowledge of the business proceedings told The Daily Caller that Koch Industries, after conducting its due diligence, has not been interested in buying the newspapers for “a couple months.”
The company determined that purchasing the newspapers was “not economically viable” and that both parties walked away from the negotiations, they said....
