Mysterious newspaper sale...
I was listening to a story about this on NPR earlier, and it is a mystery. Someone overpaid for the paper,but no one is saying who-- a first in the media business. But, whoever it was, has already ordered the presses stopped for changes in copy in some stories.
This is universally seen as a bad thing.
http://www.latimes.com/nation/la-na-ff-review-journal-sale-20151214-story.html
Who bought the Las Vegas Review-Journal? It's anybody's guess
The Las Vegas Review-Journal has been sold for a profit, a fact that is in itself remarkable amid print media’s declining fortunes. But with the sale comes a mystery: Who bought Nevada’s largest newspaper?
The $140-million sale, completed late Thursday, transferred ownership of the paper and smaller weekly newspapers from New Media Investment Group to the similarly-named News + Media Capital Group, which has so far refused to identify its owner.
The lack of disclosure prompted rumors to fly about the Silver State, and even a presidential candidate wondered what was going on at the “R-J,” as the paper is often called.
“Just finished hour+ @reviewjournal ed board,” Republican Jeb Bush tweeted Monday. “Only q left unanswered — who owns the newspaper?”
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