Half of the American people have never read a newspaper. Half never voted for President. One hopes it is the same half.
Gore Vidal, writer
The worse thing that can happen to the Los Angeles Times is to have it sold to a bunch of billionaires in Los Angeles headed by Eli Broad, philanthropist and founder of insurer SunAmerica, and supermarket magnate Ronald Burkle. Entertainment industry mogul David Geffen is making his own offer, according CNN Money. I have no doubt that if either group got control they would take a very hands-on effort to control editorial content.
The state of journalism is in real trouble and I believe the root of all the troubles is the Federal Communications Commission lifting of the concentration of media ownership rules. A further disgusting development is former FCC chairman, Michael Powell’s alleged destroying of a study that suggested greater concentration of media ownership would hurt local TV news coverage. See Anything they Say for the complete post.