Harman’s pocket change purchase of Newsweek—he paid $1…
h/t WalterF
18 Replies to “Not Waiting For The Asteroid”
Boy did he get screwed, might as well given his money to Motombu Gambunodu form the Nigerian Princes office.
Charity.
Here’s betting it still tanks.
Well it sure won’t be changing its orientation if the buyer’s wife is a Democratic congresswoman!
With an election on the horizon, why would members of the left-media cabal want to run a magazine? I know. Answers itself. Newsweek will be another in-kind contribution to the Demo-Krat’s campaign in the upcoming election.
To be fair, I’ve not read much about this, but I think he had to assume the liabilities of “Newsweak” as well.
So, given that, it may not be a business decision that can be easily condemned as conflict of interest, but the fact that it looks so bad does indeed make it so.
Sorry, clumsy sentence
Well he’s certainly welcome to it. I haven’t read a Times or Newsweek in years, certainly not with any regularity. I subscribe to the National Review, although it too, seems to have lost its soul and its sense of humour since the demise of WFB Jr., and I get the Spectator when I can at the local library (British) I may renew my subscription to the National Post, though I resent their affiliation with the Global Network through CanWest.
Week old news in print, to sell, given all its competing venues, has to have more going for it than a liberal slant which is already a thoroughly saturated market. The office poling at Newsweek is likely between who will die sooner, the magazine or its new owner.
larben, I’m a loyal National Post subscriber – and I think the paper is better now than it has been for a long time.
The columnists seem to be right on point (ie they agree with my thinking!)
I would say that most people on this site would find it refreshing to see stuff in print that doesn’t make them angry every time they read it.
Harman should hire Conrad Black to run the magazine. Can you imagine all the leftie heads exploding?
How much change back did he get?
I read a great quote recently about how the media hasn’t been “on our side” since the Second World War.
Broadcasters and news organizations are on the verge of extinction.
Their business models are seriously flawed due to their own ideological agenda. Who would sit through an entire newscast of opinions which are contrary to community standards?
And it’s only going to get worse.
Bailout in the making? Good connections for a company that lost 45 million in the past two years. He is only going to lay off about 75 people and keep 250 to do what they are doing it seems. I don’t think he got rich thinking like that.
Sold for ONE DOLLAH, huh?
So – how much money did the WaPo company toss down that rat-hole?
Bid and won for $1.00! WOW, if I’d known, I’d have bid $2.00, just for the exquisite pleasure of then immediately firing all those lefty Newsweek “journalists”! 🙂
Dave in PA: You wouldn’t have won the auction. It says right there in the linked story that Harmon won because he pledged the least number of layoffs. He’d have won on that basis if he’d demanded that they pay him a dollar.
Jane Harmon is a Blue Dog who’d be happier as a liberal Republican (i.e., “Us, too, but we’re cheaper!” — Romney, et. al.) if the California Republican Party wasn’t an utterly dysfunctional gang of inept embezzlers. One of the reasons Hollywood is so reliably Democratic is that anybody associating with a California Republican Party official has to bathe in disinfectant afterwards.
Regards,
Ric
We need to arrange a betting pool on which mag or newspaper will be next. I’m leaning towards NEWSDAY.
Boy did he get screwed, might as well given his money to Motombu Gambunodu form the Nigerian Princes office.
Charity.
Here’s betting it still tanks.
Well it sure won’t be changing its orientation if the buyer’s wife is a Democratic congresswoman!
With an election on the horizon, why would members of the left-media cabal want to run a magazine? I know. Answers itself. Newsweek will be another in-kind contribution to the Demo-Krat’s campaign in the upcoming election.
“California Democratic Congresswoman Jane Harman”
Hmm…Jane Harman is not a friend of Nancy Pelosi, (Nancy smacked her down)….Jane is a serious supporter of Israel , Blue Dog
http://swampland.blogs.time.com/2009/04/22/pelosi-says-she-was-briefed-on-harman/
To be fair, I’ve not read much about this, but I think he had to assume the liabilities of “Newsweak” as well.
So, given that, it may not be a business decision that can be easily condemned as conflict of interest, but the fact that it looks so bad does indeed make it so.
Sorry, clumsy sentence
Well he’s certainly welcome to it. I haven’t read a Times or Newsweek in years, certainly not with any regularity. I subscribe to the National Review, although it too, seems to have lost its soul and its sense of humour since the demise of WFB Jr., and I get the Spectator when I can at the local library (British) I may renew my subscription to the National Post, though I resent their affiliation with the Global Network through CanWest.
Week old news in print, to sell, given all its competing venues, has to have more going for it than a liberal slant which is already a thoroughly saturated market. The office poling at Newsweek is likely between who will die sooner, the magazine or its new owner.
larben, I’m a loyal National Post subscriber – and I think the paper is better now than it has been for a long time.
The columnists seem to be right on point (ie they agree with my thinking!)
I would say that most people on this site would find it refreshing to see stuff in print that doesn’t make them angry every time they read it.
Harman should hire Conrad Black to run the magazine. Can you imagine all the leftie heads exploding?
How much change back did he get?
I read a great quote recently about how the media hasn’t been “on our side” since the Second World War.
Broadcasters and news organizations are on the verge of extinction.
Their business models are seriously flawed due to their own ideological agenda. Who would sit through an entire newscast of opinions which are contrary to community standards?
And it’s only going to get worse.
Bailout in the making? Good connections for a company that lost 45 million in the past two years. He is only going to lay off about 75 people and keep 250 to do what they are doing it seems. I don’t think he got rich thinking like that.
Sold for ONE DOLLAH, huh?
So – how much money did the WaPo company toss down that rat-hole?
Bid and won for $1.00! WOW, if I’d known, I’d have bid $2.00, just for the exquisite pleasure of then immediately firing all those lefty Newsweek “journalists”! 🙂
Dave in PA: You wouldn’t have won the auction. It says right there in the linked story that Harmon won because he pledged the least number of layoffs. He’d have won on that basis if he’d demanded that they pay him a dollar.
Jane Harmon is a Blue Dog who’d be happier as a liberal Republican (i.e., “Us, too, but we’re cheaper!” — Romney, et. al.) if the California Republican Party wasn’t an utterly dysfunctional gang of inept embezzlers. One of the reasons Hollywood is so reliably Democratic is that anybody associating with a California Republican Party official has to bathe in disinfectant afterwards.
Regards,
Ric
We need to arrange a betting pool on which mag or newspaper will be next. I’m leaning towards NEWSDAY.