Read

User menu

Search form

Koch Brothers Looking To Purchase Several Major American Newspapers

Koch Brothers Looking To Purchase Several Major American Newspapers
Thu, 3/14/2013 - by Igor Volsky
This article originally appeared on Thinkprogress

Right-wing funders and business industrialists David and Charles Koch may purchase the Tribune Company newspapers, which include the Chicago Tribune, Baltimore Sun, and the Los Angeles Times. The brothers are “interested in the clout they could gain through the Times’ editorial pages,” the Hollywood Reporter notes. Responding to the report, a spokesperson for Koch told the website that the brothers are “constantly exploring profitable opportunities in many industries and sectors”:

Missy Cohlmia, a spokeswoman for Koch Companies Public Sector, LLC, issued the following statement to THR: “As an entrepreneurial company with 60,000 employees around the world, we are constantly exploring profitable opportunities in many industries and sectors. So, it is natural that our name would come up in connection with this rumor. We respect the independence of the journalistic institutions referenced in today’s news stories, but it is our long-standing policy not to comment on deals or rumors of deals we may or may not be exploring. ” The Los Angeles Weekly was the first to report that the Kochs could be mulling the purchase of the newspaper assets, which make up $623 million of the company’s $7 billion holdings.

The Koch brothers own Koch Industries, the second-largest private company in America, and bankroll a network of Tea Party groups and Republican political war chests.

In 2012, the brothers spent millions to defeat President Obama and even sent mailers to employees urging them to support Mitt Romney and other conservative candidates.

3 WAYS TO SHOW YOUR SUPPORT

ONE-TIME DONATION

Just use the simple form below to make a single direct donation.

DONATE NOW

MONTHLY DONATION

Be a sustaining sponsor. Give a reacurring monthly donation at any level.

GET SOME MERCH!

Now you can wear your support too! From T-Shirts to tote bags.

SHOP TODAY

Sign Up

Article Tabs

Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.

From Hungary and Poland to Italy and Spain, today's anti-abortionist movements are feeding one another—while also driving a growing counter-movement.

Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.

Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.

What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.

Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.

From Hungary and Poland to Italy and Spain, today's anti-abortionist movements are feeding one another—while also driving a growing counter-movement.

Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.

Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.

History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.

Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.

Posted 3 weeks 3 days ago

What remains unknown is whether post-truth Republicans will succeed in 2024 as the Nazis did in 1933.

Posted 1 month 2 weeks ago

Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.

Posted 2 weeks 3 days ago

History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.

Posted 3 weeks 5 days ago

Journalists have a responsibility to plainly tell the truth about how truly different the Democrats and the Republicans are today, especially with both democracy and the rule of law at stake this November.

Posted 4 days 3 hours ago

History shows there are no “one-day” dictatorships. When democracies fall, they typically fall completely.

Agriculture, the service economy, sexual exploitation, manufacturing, construction and domestic work drive today's enslavement around the world.

Thanks to the Electoral College, leftists have perhaps the final say this November over whether democracy can hold on for at least another four years, or if fascism will take root and infect all facets of the federal government for decades to come.