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Deal For Newsweek Close To Completion (Liberal millionaire to buy dying magazine for $1)
NY Times ^
| 8/2/10
| JEREMY W. PETERS
Posted on 08/02/2010 9:42:12 AM PDT by jimbo123
click here to read article
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Soon to be an ex-millionaire...
1
posted on
08/02/2010 9:42:22 AM PDT
by
jimbo123
To: jimbo123
2
posted on
08/02/2010 9:43:27 AM PDT
by
no dems
(To Every Democrat Elected Official in the U.S.: "Shame, shame. Shame on all your houses.")
To: jimbo123
I am assuming that he is actually agreeing to assume the magazine’s debts, and therefore shelling out a lot of money.
But I will let the experts chime in.
3
posted on
08/02/2010 9:44:19 AM PDT
by
cvq3842
To: jimbo123
I’ll double his offer:
That’s right, I’m offering a whole $2 for ownership of the magazine.
4
posted on
08/02/2010 9:45:43 AM PDT
by
OneWingedShark
(Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
To: jimbo123
So, let me get this straight.
WaPo, who is bleeding red ink, sells Newsweak for $1 instead of getting some value from it from the conservative media company who was prepared to bid MUCH more.
Abandoning business good sense for the sole purpose of maintaining Newsweak as a leftist microphone.
How on earth can they claim there is NO bias at WaPo? Seriously. How?
5
posted on
08/02/2010 9:46:05 AM PDT
by
Nervous Tick
(Eat more spinach! Make Green Jobs for America!)
To: jimbo123
$1? He’s paying too much.
To: jimbo123
Who would want to underwrite millions of dollars in debt to a 91 year old?
7
posted on
08/02/2010 9:46:23 AM PDT
by
Rebelbase
(Political correctness in America today is a Rip Van Winkle acid trip.)
To: jimbo123
I haven’t bought a copy of Newsweek in 15 years! What a joke. But Hussein and Pelosi shouldn’t let liberal magazines have financial troubles. Newsweek needs a taypayer funded bailout! And while we’re at it, bring in the “Fairness Doctrine” to put the only media companies making money out of business - the conservative ones.
We so need a revolution. I hope the November election will be the start of one.
8
posted on
08/02/2010 9:46:49 AM PDT
by
Astronaut
To: jimbo123
A guy with a last name like Harmon ran JBL and Infinity? Next I’ll find out that the guy who runs Acer is named Hewlitt.
9
posted on
08/02/2010 9:47:16 AM PDT
by
Dr. Sivana
(There is no salvation in politics)
To: jimbo123
Talk about a bargaining chip! All the 91 year old has to do is keep faining a Red Fox, and they all run to give him his way in these negotiations to sucker him in to buying this magazine. lol
10
posted on
08/02/2010 9:47:52 AM PDT
by
Dem Guard
(The + IRS = Theirs)
To: jimbo123
So Newsweek would not sell to “conservative” owners. They picked a 91 year old “liberal”.
What happens when he dies? Does it goes to his heirs? Will it be back on the selling block in a year?
Bizarre.
11
posted on
08/02/2010 9:48:00 AM PDT
by
CriticalJ
(Suppose you were an idiot. And suppose you were a member of Congress.. But then I repeat myself. MT)
To: jimbo123
He is married to Jane Harman, a congresswoman who represents Southern California. This virtually ASSURES that Newsweek's political covergae will continue to be unbiased. /s
12
posted on
08/02/2010 9:48:19 AM PDT
by
WayneS
(Respect the 2nd Amendment; Repeal the 16th)
To: jimbo123
“What the sale to Mr. Harman suggests, perhaps more than anything else, is that the right owner for a struggling media property like Newsweek is someone who can afford to lose tens of millions of dollars a year while the magazine tries to find a more successful approach.”
Harman, who is tight with Mortimer Adler’s LEFTIST Aspen Institute, will probably keep this rag moving LEFT, guaranteeing it’s ultimate demise.
Now that IS good news!!
13
posted on
08/02/2010 9:49:54 AM PDT
by
Dick Bachert
(The upcoming election is the most important in our lifetimes!!! BE THERE!!!!!!!)
To: CriticalJ
If the 91 year old dies next year, his relatives would only get 45% of Newsweek.
14
posted on
08/02/2010 9:50:00 AM PDT
by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: jimbo123
I hope they’ll continue to send it for free the EyeGuy Health complex.
Got fish to wrap, fires to start and bird droppings to catch.
15
posted on
08/02/2010 9:50:09 AM PDT
by
EyeGuy
To: jimbo123
Mr. Harman, who turns 92 this month,..........is married to Jane Harman, a congresswoman who represents Southern California.Interesting.
16
posted on
08/02/2010 9:50:11 AM PDT
by
facedown
(Armed in the Heartland)
To: jimbo123
The family of the demented 91 year old should sue Newsweek for stealing their inheritance.
17
posted on
08/02/2010 9:51:18 AM PDT
by
FormerACLUmember
("Subtlety is not going to win this fight": NJ Governor Chris Christie)
To: Dr. Sivana
Next Ill find out that the guy who runs Acer is named Hewlitt.No, but this is interesting: "He is married to Jane Harman, a congresswoman who represents Southern California. He is also active in the Aspen Institute, a nonprofit, public policy research organization led by Walter Isaacson, the former editor of Time."
18
posted on
08/02/2010 9:52:17 AM PDT
by
bcsco
(First there was Slick Willie. Now there's "Oil Slick" Barry...)
To: facedown
OMG!! A CONGRESSWOMAN WILL OWN NEWSWEEK!! geesh.
19
posted on
08/02/2010 9:52:51 AM PDT
by
Ann Archy
(Abortion......the Human Sacrifice to the god of Convenience.)
To: jimbo123
Hear’s hoping he goes broke.
20
posted on
08/02/2010 9:53:09 AM PDT
by
Little Ray
(The Gods of the Copybook Headings with terror and slaughter return!)
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