" this is the future of mass media: loss leading corporate propaganda"

[phantom power]

This strategy worked reasonably well for the Moonies with the Washington Times. Sure, they lost $100 million a year, but that’d be chump change for these Galtian overlords:

Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.
[...]

Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. Now, Koch Industries, the sprawling private company of which Charles G. Koch serves as chairman and chief executive, is exploring a bid to buy the Tribune Company’s eight regional newspapers, including The Los Angeles Times, The Chicago Tribune, The Baltimore Sun, The Orlando Sentinel and The Hartford Courant.

I believe that this is the future of mass media: loss leading corporate propaganda.

http://www.balloon-juice.com/2013/04/22/new-moon-on-monday/

[just1voice]

1. It's what the propagandists are doing already, losing customers and viewers

The news anchors are vapid junket readers and the 6 big propaganda corporations feed them what to read.

It's not news and hasn't been for years.

http://www.businessinsider.com/these-6-corporations-control-90-of-the-media-in-america-2012-6

[AndyTiedye]

2. Agree Except for the "Future" Part. This is the Present

[HughBeaumont]

3. The two Koch serpents are on the wrong side of their 70s with multiple health problems.

Does all this world-buying New Reich Order these two dicks seem to be pursuing reek of time-shrinking desperation on their part?