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Failing Newspaper Needs New Owner: Conservatives, Need Not Apply.
What if the billionaire conservative media moguls of tomorrow are as powerful as billionaire progressive media moguls today?
Major news-media outlets are enduring layoffs, newspapers are shuttering across the country, and billionaires like to buy low. The news is big business in America. Moneyed conservatives, it turns out, seem to be just as keen as their progressive counterparts when it comes to buying major media outlets.
Of course, not many of those currently running the major newsrooms of America — an overwhelmingly progressive demographic — are very keen on the prospect.
“A Newspaper Is Failing, a Conservative Saves It, and Journalists Are Upset,” Brad Slager crowed for Townhall on January 24, 2024.
Slager then presented a grim litany that is becoming only too familiar to beleaguered mainstream newsrooms and their progressive editors: “This week the Los Angeles Times ownership instituted layoffs of over 100 staffers; The Washington Post has experienced another recent staff cut with buyouts of workers; Print and broadcast outlets have been cutting payrolls, to the tune of thousands of jobs lost the past year.”
Even Sports Illustrated recently went belly up.