Frustrations Mount at Washington Post as Its Business Struggles

Yeah, someone should tell Rupert Murdoch and Sheldon Adelson that.

For fuck's sake.

 

Not quite sure I follow what's being argued here. Is it that if you're: A) rich; and 2) buy a newspaper, you're obligated to look past that investment's underperforming?

 

Lots of really rich people own businesses and close them or lay off people and/or streamline their operations if/when the businesses underperform.

Exactly which businesses should these rich people subsidize out of their own pockets?

 

you can run a professional sports franchise as a loss leader because the valuations always go up. 20 years from now Bezos cant sell the Post for grossly more than he paid

 

He can sell it for whatever someone else thinks it’s worth. If he sells it at a loss, it’s a rounding error in his monthly ivory backscratcher budget.

 

Not really an argument, an observation.

That would depend entirely on the person buying it, and their reason for doing so.

Why did Henry Ford buy the Dearborn Independent?

 

If one is of a certain perspective, one can't really play along in these kinds of discussions without enduring a "Who'll think of the poor billionaires?" swipe or two. Nevertheless, it strikes me as ... intriguing ... to argue that the propriety of how a newspaper is managed depends on the worth of its owner's other businesses and investments.

 

Interesting. So the civil rights workers who fought for desegregation were motivated by envy?

 

I'd be curious to know - and I don't know - how Eli Saslow got away from The Post to the NYT.

 

Again, so what?