The Baltimore Sun bought by Sinclair media executive
The newspaper has been purchased by David D. Smith, the executive chairman of the media conglomerate Sinclair Inc.
apnews.com
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TV Executive David D Smith of Sinclair buys Baltimore Sun
- Thread starter Y2kTheNewOldies
- Start date
apnews.com
It's a very similar story to Jeff Bezos buying the Washington Post. We have a billionaire boomer buying a newspaper with his own money, not that of his company. Sinclair happens to own a TV station in Baltimore. But the FCC has repealed the broadcast-newspaper ownership rule. So he can own a TV station and a newspaper in the same town. The reports I'm seeing say he paid around $100 million for the paper.
I'd imagine the Sun's editorial and political philosophy will be taking a turn to the right.
Could be:
Baltimore Sun - Bias and Credibility
LEFT-CENTER BIAS These media sources have a slight to moderate liberal bias. They often publish factual information that utilizes loaded words (wording
mediabiasfactcheck.com
As the site points out, it will monitor the paper’s content and direction upon the changes in ownership. Since 2024 is a election year, it will be a wait and see where The Sun goes.Could be:
Baltimore Sun - Bias and Credibility
LEFT-CENTER BIAS These media sources have a slight to moderate liberal bias. They often publish factual information that utilizes loaded words (wording
I may be wrong about this, but there's not much that can be done if a billionaire buys a media outlet with the intent of using it for political purposes. The history of the newspaper business is filled with examples, from Hearst to Chandler to Sulzberger.
The Sun was famous as the longtime home of liberal pundit Jack Germond, who tangled frequently on The McLaughlin Group.
Hence, "freedom of the PRESS." As an old print colleague, and fellow cynic, was wont to say: "The power of the press belongs to the man who owns one." The same guy used to repeat a definition of "news" he once heard: "News. Noun meaning "anything that happens to, or near, a publisher."
If there was, Fox "News" broadcasts for one would be filled with corrections, retractions and disclaimers.
Another example is Univision now that its owned by the conservative Mexican company Televisa.
Spotlight falls on Televisa, Mexico's all-powerful TV station
Critics accuse Televisa of manipulating politicians and viewers and threatening democracy
Before or after their 2016 corporate rebrand as part of "tronc"?
For those who might have forgotten, you can relive the "unrelenting circular saw of vapid media consultant cliches": The Future of Journalism Is a Deadly Swarm of Buzzwords, According to This Sad, Sad Video
Apparently, Sun staffers weren't particularly pleased by their first meeting with Mr. Smith.
www.baltimorebrew.com
Staffers react to their first meeting with Baltimore Sunâs new owner | Baltimore Brew
David Smith says he hasn’t read the newspaper he purchased yesterday for decades. His plan for revamping the paper: Turn it into a clone of Fox45 news.
Billionaires Wanted to Save the News Industry. They’re Losing a Fortune.
Time magazine, The Washington Post and The Los Angeles Times — owned by Marc Benioff, Jeff Bezos and Dr. Patrick Soon-Shiong — are still losing money.
Here is more related to execs having ownership in newspapers.
Wouldn’t be surprised if The Sun becomes a minion of WBFF, whether they want to admit it or not.
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