Koch Bros. Look to Buy 8 Newspapers
Could use LA Times and others to spread conservative message
By Ruth Brown, Newser Staff
Posted Apr 21, 2013 2:19 PM CDT
The Los Angeles Times building is seen in downtown Los Angeles.   (AP Photo/Kevork Djansezian)

(Newser) – Brothers Charles and David Koch, the billionaire businessmen behind Koch Industries and noted supporters of libertarian causes, are looking to buy into the newspaper business. They're exploring a deal to acquire the Tribune Company's eight regional newspapers, including the Los Angeles Times, the Chicago Tribune and the Baltimore Sun, the New York Times reports. Some sources say it's an investment opportunity only, but others believe the papers could serve as a valuable platform for spreading their conservative ideas.

An attendee of multiple Koch Industries seminars said the brothers often say that "they see the conservative voice as not being well represented" in the media. A former Koch Industries adviser says their interest in the Tribune papers is purely financial, and separate from their libertarian agenda. But as the Times notes, the papers have a collective value of around $623 million, which is pocket change for these oil tycoons. "A running joke among conservatives as we watched the GOP establishment spend $500 million on ineffectual TV ads is 'Why don’t you just buy NBC?'" said a libertarian campaigner. "It’s good the Kochs are talking about fighting fire with a little fire."

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Showing 3 of 63 comments
savdavis
Apr 25, 2013 6:43 PM CDT
seazing America with the sleeze.
jfarley
Apr 25, 2013 10:01 AM CDT
dreat they've messed up the oil and gas industry now their doing the same with the newspaper industry here comes even more censorship freedom of the press is going out the door Bush did not lie about WMD they were there. When Saddams Air Force defected to Syria/Iran they took them with them. I also believe Bush/Cheney was the master minds behind 9/11read some of the articals about the subject.And Roswell was of our own making a craft we captured from the NAZI's called the REPULSING and the bodies were radiated children who were piloting the thing it fits we were just getting into the jet age back then read the artical on that one.
Lefty_Libby
Apr 23, 2013 1:13 PM CDT
My state is rated highly libertarian by conservative groups, and our major newspaper is conservative. I read it cover to cover daily. Here is what it's printed: The Bush Administration lied about WMDs in Iraq and outed Valerie Plame. Global warming is real and man-made. Conservative economic policies are disastrously misguided. Newspapers are supposed to print news (facts), not partisan BS. Many commentors on Newser claim to listen to 'both sides.' Sides? Do you mean pundits? The news doesn't have sides. The news is: Who, What, When, Where, and possibly, Why.