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Yusef Jackson invests in first media venture ( Burke buying another paper ? )
Chicago Business ^ | June 29, 2006 | Gregory Meyer

Posted on 06/30/2006 6:50:50 PM PDT by george76

Beer distributor Yusef Jackson has finally added a coveted title: publisher...

Son of Rainbow/PUSH Coalition leader Rev. Jesse Jackson is attempting to resuscitate Radar, a saucy New York culture magazine that folded last year.

He also said he’s hungry for other media properties, including the Chicago Sun-Times, for which he was an unsuccessful suitor in 2004, and possibly properties Tribune Co. sells off as it pares $500 million in assets amid a corporate restructuring.

Mr. Jackson declined to say who his co-investors are in Radar.

In 2004 he sought to buy the Sun-Times with California billionaire Ron Burkle, but he wouldn't say whether Mr. Burkle is involved with Radar.

Radar started up in 2003 with backing from Mortimer Zuckerman, the New York real estate magnate, but ceased publication after two issues...

(Excerpt) Read more at chicagobusiness.com ...


TOPICS: Miscellaneous
KEYWORDS: burkle; chicagosuntimes; dbm; gannett; jessejackson; liberalmedia; mcclatchy; media; mediageneral; mortimerzuckerman; msm; newspapers; oldmedia; rainbowpush; ronburkle; suntimes; television; trb; tribune; tribunecompany; zuckerman
“I would love to own the Chicago Sun-Times,” he said in an interview Thursday afternoon...
1 posted on 06/30/2006 6:50:53 PM PDT by george76
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To: george76

Oh my goodness. Well even if Yusef gets Radar off the ground it will not sell and will go under. Why purchase an already dead magazine name. Radar has been gone off newstands for months. Silliness.


2 posted on 06/30/2006 6:59:34 PM PDT by mojo114
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To: mojo114; Grampa Dave; abb; Milhous; Liz

It would be good for us to have Ron Burkle waste more of his money and time on this stupid idea.


3 posted on 06/30/2006 7:08:34 PM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

"It would be good for us to have Ron Burkle waste more of his money and time on this stupid idea."

You know how I feel good when liberals plow millions into bad investments.

However, some warning flags are starting to pop up.

Why would Ron Burkle be so interested in investing more money and time on these stupid and losing ventures with the dying dinosaur fish wraps and this defunct mag.?


4 posted on 07/01/2006 7:06:27 AM PDT by Grampa Dave (There's a dwindling market for Marxist Homosexual Lunatic Lies posing as journalism)
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To: Grampa Dave; Liz

I presume that Burke would use the unions' money and not his own money.

Burkle would get a big commission.

He, Bill Clinton, and friends may think that they can corner the information market and keep us out.


5 posted on 07/01/2006 7:16:25 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76
He, Bill Clinton, and friends may think that they can corner the information market and keep us out.

Authoritarian tyrants, including manufacturers of consumer goods who advertise to the mass market, sorely miss their former MSM monopoly and intend to force a hierarchy onto the Inet. They currently erroneously perceive the Inet's Domain Name System as a choke point tantalizingly offering hope of controlling the Inet.

6 posted on 07/01/2006 7:43:11 AM PDT by Milhous (Twixt truth and madness lies but a sliver of a stream.)
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To: Milhous

That is why Howard Dean wants to go back to the 1960's.

Only three tv network stations, no internet...


7 posted on 07/01/2006 7:59:37 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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