Koch Financed Company Purchases Time Magazine…

Earlier today Murdoch activated his Decepticon control agent Carly Fiorina to appear on Fox News Sunday, utilize a familiar passive-aggressive technique, and help shape the official Wall Street/K-Street sexism narrative via Chris Wallace. You can watch HERE.

A few hours later the second set of Decepticon billionaires surface; the Koch Brothers, who financed a $1.8 billion deal including the purchase of Time Magazine.

NEW YORK (AP) — Meredith Corp. announced Sunday that it is buying Time Inc. for about $1.8 billion, a deal CEO Stephen Lacy called “a transformative and financially compelling growth opportunity” that joins two giant magazine companies.

Meredith brings with it a magazine portfolio that includes Better Homes & Gardens, Family Circle, allrecipes and Shape, while Time Inc. owns properties including Time, Sports Illustrated, People, Fortune and Entertainment Weekly.

The companies said the deal was unanimously approved by their boards of directors and will close early next year. (read more)

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133 Responses to Koch Financed Company Purchases Time Magazine…

  1. freq says:

    “Koch Financed Company Purchases Time Magazine”…

    and good luck with that… /sarc

    Liked by 7 people

  2. the reason Trump is our PRESIDENT, IS BECAUSE HE IS NOT A DAMN GUTLESS WONDER CHEAP ASS THIEVING POLITICIAN
    the congress critters and judiciary TYRANTS ARE JUST MOBS AND ACT LIKE IT.
    THANK GOD FOR OUR PRESIDENT AND WE THE PEOPLE NEED TO HELP HIM ALL WE CAN.

    .

    Liked by 22 people

  3. Dixie says:

    That graphic couldn’t possibly be more revealing or appropriate for that fivesome.

    The Alzheimer’s playbooby bs boys.

    Kudos to you Sundance. You GET it!

    Liked by 10 people

  4. SoCalPatriot says:

    I think Time should have an award of “Loser of the Year – Hillary Clinton”.

    Liked by 9 people

  5. mimbler says:

    I see this as a positive development.

    On the scale of 1 to 10 (1 being the worst), I would put Time Warner (owner of Time, CNN and HBO) as a 1.

    The Koch brothers did not support Trump, but their positions are far closer to his than to the dems, so I’d place them at maybe a 4.

    Getting any kind of conservative voice in the popular media is an improvement.

    Kind of like even a Rino in the senate is better than a dem. They can at least be somewhat reliably counted on for things like SC Justice confirmations.

    Liked by 9 people

    • fleporeblog says:

      These morons are going all out in support of the Tax Reform Bill!

      https://www.newsmax.com/Politics/koch-brothers-tax-plan/2017/10/05/id/817968/

      From the article linked above:

      A group backed by billionaires Charles and David Koch said Thursday it will spend $4.5 million on ads to urge three Senate Democrats who face challenging 2018 re-election bids to back Republican efforts to dramatically reshape the federal tax system.

      Americans for Prosperity, a Koch network group that focuses on grassroots organization, plans to run ads in Wisconsin, Indiana and Missouri, targeting senators Tammy Baldwin, Joe Donnelly and Claire McCaskill. The spots will air on cable and local networks over the next three weeks.

      Liked by 13 people

    • Cuppa Covfefe says:

      Maybe things will go a little better with Koch…

      But somehow they’re not up to the Pepsi challenge… though they were on the skeptic side with CAGW, so maybe there’s hope…

      Liked by 1 person

  6. Pam says:

    Sorry, but I’ll pass on Fiorina. The Koch brothers and the Murdoch spawns are just birds of a feather. 😉

    Liked by 14 people

    • Carrie2 says:

      Pam, I am with you. Fiorina knows nothing about business, but is money hungry and wants to be out there. Qualities, she has few. Moral values, none. Easily bought and paid for, definitely. We in Ca knows how she tried to truly close down HP who had to pay her $20 million to get rid of her. Then she proceeds to head another company (fools) and that company did close down. She is not well liked in CA and especially not in our Silicon Valley!

      Liked by 7 people

      • WSB says:

        And she trashed PT this morning.

        Liked by 2 people

      • Cuppa Covfefe says:

        Yep. They brought her in to kill the HP Way. I have a copy of Measure (somewhere…) that has her on a site visit leading Lew Platt around like a whipped dog… It’s been downhill since then. Death of a once-great company. Bill and Dave are probably rolling in their graves… and what she did to Walter Hewlett was terrible. She’s not liked at HP sites on this side of the pond, either…

        Liked by 1 person

    • The Boss says:

      NO way was Fiorina NOT coached prior to her alleged interview. She, like Hillary, was just a little too quick off the mark in offering up her prepared answers to the softball questions teed up by Wallace. Carl Fiorina is a loser.

      Liked by 2 people

  7. thesavvyinvester says:

    Omg, I am not sure what is worse, the thought of John Conyers in his office in his underwear, or that photo….

    Liked by 10 people

  8. jmuniz1 says:

    Carly is a butcher she owns stock in Plant Parenthood. The only election that matters at this point is Alabama. Moore must win.

    Liked by 13 people

    • Cuppa Covfefe says:

      And yet she said she was pro-life. Hmmm. Suspicious cat, anyone?

      Like

    • JoAnn Leichliter says:

      Planned Parenthood is a non-profit organization. I don’t think Fiorina or anyone else owns “stock” in it.

      Like

      • LarryInMt says:

        a very profitable “non-profit 😉

        Like

      • trialbytruth says:

        No one owns stock in it.in the truest sense.

        But planned parenthood provides “I am a feminist cover” to the elites and makes many people millionaires. Its officers work for big wages and even bigger benefits.

        Medical supply, labs, body part buyers all are making millions

        The most common role of a non profit is a pass through for millionaires and con men sorry if that bursts your bubble.

        Notable exception Salvation Army, and to the best of my knowledge Samaritons purse. I am sure there are others but most suck.

        Like

  9. Frank says:

    It’s uncanny sometimes to see how good Trump is at this political game.
    At the same time, wow. Time magazine, the stalwart resource for birdcage liners, is effectively gone. Meredith is going to have it gutted and re-stuffed as bland, inoffensive waiting room filler. Merry Christmas, indeed!

    Liked by 6 people

  10. fleporeblog says:

    Another epic fail and another Triumphant win for our Lion 🦁!

    Liked by 13 people

  11. Carly FioRINO shaped the narrative that she and Ted Cruz must never be allowed near the White House.

    Liked by 13 people

    • Wend says:

      Anyone remember that lunacy where Ted selected her as his running mate-then she started to sing that creepy version of “You’re Just In Love” to those poor kids of Cruz’-next day she fell through the stage? What a freak show.

      Liked by 5 people

  12. DWYBO says:

    The Fox, OUR POTUS, sneaking up on the beagle, the GOPer’s, DIMS, never-trumpers, lame stream media, deep state, et al. is priceless Sundance! Clever fox we have dontcha know!

    Liked by 8 people

  13. Brenda says:

    I am totally missing the meaning on this one. Not seeing it. How ars the Kochs buying Time related to DT’s tweet.? Other than they both mention the magazine?

    Liked by 2 people

    • sundance says:

      If Trump had done the Time thing and won Man of the Year, the wing-nuts would have been shouting that Koch Brothers owned it (and forced it) so they could delegitimize it.

      Liked by 24 people

      • L. says:

        Thank you for the question Brenda and Sundance – for the answer. Unfortunately, I am very much still traveling in the slow lane. But…I’m gaining every day! 😊

        Liked by 6 people

        • LCSmom says:

          Also, all of the crazy libs in the media hate the Koches. A neighbor of ours works for the LA times and she was absolutely freaked out when there was talk of them buying it.

          I love that the libs at Time will now have to work for them. And it’s not like they can find another magazine job easily anymore either. I hope they are all miserable with their new bosses.

          Liked by 3 people

      • Barb Meier says:

        Another thought is that the new owners could have warp edited whatever interview Trump gave. They could show PDJT in a poor light to use as impeachment ammo as the GOPe wants to cement their own control over trillions in other people’s money.

        Liked by 1 person

      • Brenda says:

        Thanks for clearing that up Sundance.😀 But it is not like the regressive left needs any reason to piss on our Potus. They are so sad and depressed. 😭 HEE HEE 😛😛

        Like

  14. dekester says:

    Can we ever forget Carly faceplant taking a header, Cruz carrying on speaking and ignoring her plight.
    Or the BIG announcement that Cruz was nominating Carly faceplant as his running mate.

    Geesh…what a couple of losers.

    God bless PDJT

    A.K.A clairvoyant in chief.

    Liked by 12 people

  15. Yankee Lawyer says:

    Rumors of this deal were widely reported earlier this month.

    Liked by 1 person

  16. mikebrezzze says:

    Time Magazine = Birdcage Liner

    Liked by 6 people

    • Wend says:

      Anyone besides me old enough to remember when TIME was really good-? We took both TIME and LIFE and used to fight over the new issues every week. I usually got them first because I read the fastest. My stepfather used to have three or four issues of TIME going all over the house, it was so thick then and you wanted to read every article. I loved LOOK too. Now TIME is thinner than those coupon flyers you get from the supermarkets.

      Liked by 3 people

      • Beverly says:

        Yes, a sad devolution there. Time, Life, Look, Newsweek all used to be good. Ditto Reader’s Digest, Saturday Evening Post: you know, when they were AMERICAN magazines instead of Marxist propaganda garbage.

        Liked by 7 people

      • dayallaxeded says:

        None of the big media outlets were ever as good as we thought they were–the only thing that kept them slightly on the beam was the need to adhere to the photographic narrative, which gave at least a scintilla of truth and authenticity to their tales. They were all wrong, arguably intentionally so, about communism from beginning to end and just about everything else that followed.

        We are in a new era, when people like SD can effectively call out people like Walter Duranty’s clones (all of CNN, MSNBC, most of all the rest) and prove with objectively verifiable information that they’re BS propagandists for the scum of the earth–the Stalins and Maos of today. Ubiquity of the internet will probably prove to be as or more important to culture than Roman roads and the printing press.

        Like

      • Ron says:

        The media went to hell between 1960 and 1970.

        Like

  17. Deborah @UnTamedInSD says:

    So let me see if i got this right….

    PDJT knows the Media is a arm of the democratic party, no swamp will be drained until the
    media is drained first..best way is not to start a new “Trump Tv” but to over take the existing apparatus…

    Step one: Brand them “FakeNews” Hammer it until they are the Titanic
    Step Two: insist Time Warner merger sell off CNN
    Step Three: line up conservative money to swoop up the failing MSM corps and re-brand them
    Goal: Majority of the media will be conservative and hopefully more honest with real journalists.

    #MAGA Winning!

    Liked by 9 people

    • Deborah @UnTamedInSD says:

      I’ll add that at the same time Hollywood is being drained,
      (suspect PDJT had his pinky in that one too) I suspect we will begin to see
      Conservative big money buying that up as well “Make Hollywood Great Again” 😀

      Liked by 5 people

    • Niagara Frontier says:

      That’s a good point about take overs. A take over is always preferable to starting from scratch. The infrastructure is built in. Keep what’s good, toss out the bad.

      I believe that same principle works with political parties. Take over the Republican Party. The infrastructure (e.g. ballot access) is worth a fortune. Keep what’s good, and toss out the bad. I’ll never understand calls for the President to start a new political party.

      Liked by 11 people

    • wheatietoo says:

      Without TIME…I guess it will revert back to just ‘Warner’?

      I am still not sure that the merger between TimeWarner and ATT is a ‘good thing’.
      Agree that they should be forced to sell off CNN.

      It would be so much fun to see a conservative buy CNN and clean house there.
      But there will probably be several libtard billionaires bidding for it.

      Liked by 2 people

      • Deborah @UnTamedInSD says:

        I don’t like mergers at all, consolidates power and squeezes out any chance for competition.

        I’m sure libs will be working over time to hold onto their monopoly, but like all things Trump I think may end up being out maneuvered by the art of the deal.

        Liked by 6 people

        • Deborah – I don’t like mergers either for the reasons you cite. But I just recently learned of another even more despical reason to dislike them. It was only a few days ago that I learned that 10 years ago, there were more than 7,000 companies being traded publicly on the NYSE. Today, that number has dropped to about 3,000.

          Now I am neither surprised nor happy that the stock indexes have nearly doubled in value in the past 10 years. Same amount of $$$, only half the the existing companies.

          Liked by 7 people

        • JoAnn Leichliter says:

          Certainly mergers can reduce competition and create apparent monopolies. What often happens downstream from a merger, though (and I would expect this from, say, the Bayer/Monsanto merger) is that for various reasons lots of portions of the two companies get spun off to stand on their own and grow.

          Like

        • G. Combs says:

          InvestingforOne, this is from January 29, 1989, when President Reagan allowed all those hostile takeovers funded by freshly printed bank script. It transferred the REAL WEALTH in AMERICAN corporations to the banks.
          ” Of mergers and acquisitions each costing $1 million or more, there were just 10 in 1970; in 1980, there were 94; in 1986, there were 346. A third of such deals in the 1980’s were hostile. The 1980’s also saw a wave of giant leveraged buyouts. Mergers, acquisitions and L.B.O.’s, which had accounted for less than 5 percent of the profits of Wall Street brokerage houses in 1978, ballooned into an estimated 50 percent of profits by 1988…

          THROUGH ALL THIS, THE HISTORIC RELATIONSHIP between product and paper has been turned upside down. Investment bankers no longer think of themselves as working for the corporations with which they do business. These days, corporations seem to exist for the investment bankers….

          In fact, investment banks are replacing the publicly held industrial corporations as the largest and most powerful economic institutions in America….

          THERE ARE SIGNS THAT A VICIOUS spiral has begun, as each corporate player seeks to improve its standard of living at the expense of another’s.
          Corporate raiders transfer to themselves, and other shareholders, part of the income of employees by forcing the latter to agree to lower wages.”
          NYT

          Liked by 1 person

      • Southpaw says:

        Time, Inc. is not a part of TimeWarner. The print part left a few years ago.

        Liked by 3 people

  18. scott467 says:

    I guess the one good thing I can say about McConnell is at least he has the decency to wear boxers.

    Liked by 1 person

  19. scott467 says:

    “Time Magazine called to say that I was PROBABLY going to be named “Man (Person) of the Year,” like last year,”

    ______________

    What’s a “Man (Person)”?

    LOL!

    Liked by 3 people

  20. Joe S says:

    LOL, Carly Fiorina: Ted Cruz’s running mate.

    Liked by 4 people

  21. auntiefran413 says:

    With a chunk of Koch money involved, will TIME take a turn at the corner? I know the Koch brothers aid they wouldn’t be involved, but…

    Liked by 2 people

  22. H. Jorgan says:

    “Meredith brings with it a magazine portfolio that includes Better Homes & Gardens, Family Circle, allrecipes and Shape, while Time Inc. owns properties including Time, Sports Illustrated, People, Fortune and Entertainment Weekly.”

    Finally an aggressive move by the Koch bros that will transform ” corrupt , media”, from political BS ‘journalism’ into the well established proper advertising to sell our product whatever that may be! You can buy or stay home, your personal choice!

    Like

  23. MaineCoon says:

    Carly F. Couldn’t even watch her finish her initial question response. How in the heck do people like her rise to the point that they even run for the highest ofice in this country? I find that mindboogling.

    Remember this? Hehehehe

    “Donald Trump mocks rival Carly Fiorina’s face: ‘Look at that face, would anyone vote for that?”

    Did he really say that over 2 years ago? My, my. Time flies when you’re having fun!

    http://www.businessinsider.com/donald-trump-carly-fiorina-face-insult-2015-9

    Liked by 2 people

  24. Beverly says:

    The Koch brothers are Never-Trumpers, so don’t expect any big changes.

    Like

  25. Daniel says:

    I just read through some twitter commentary on this Koch brothers acquisition. The left really think this is going to favor president Trump! It’s hilarious.

    Like

    • dayallaxeded says:

      When CONservative media report favorably to PDJT, the progzis screech bias. When they report unfavorably to PDJT, the progzis screech, “rejected by his own party.” It’s what they’ve been doing since day one. Only a few have the IQ to put 2+2 together and realize “it’s the uniparty, stupid!”

      I have some very “book smart” friends (academic, high level big pharma, etc.) who I remind as often as I can, without entirely alienating them, that PDJT has all the right enemies and only the American people as friends. They still don’t get it, but I’ll keep trying.

      Liked by 1 person

  26. Troublemaker10 says:

    The Koch Brothers are Libertarian leaning. They are wrong on Immigration, but right on many other issues. The left considers them the Boogie man and hates them.

    We’ll see. Maybe they will have a better influence than you think. Can’t be worse than it already is.

    Liked by 1 person

    • TheLastDemocrat says:

      That was weird how, many years back – maybe ten? – all of a sudden all that you heard in the media was “the Koch Brothers are the puppet masters pulling the strings of NRA, RNC, and everything conservative.” Maybe it was part of the Tea Party rising.

      —Then, the next thing that gets out there is that “Media Matters” is getting big, and all of these other groups, and it is all George Soros.

      So, again, if you want to know what the Progs are up to, just see what they are accusing the conservatives of doing. Russia, inappropriate sex, legislative obstructionism, fomenting war and strife in the Middle East, having a War on Women, etc.

      Liked by 3 people

  27. shadowcole says:

    Love it and let me tell you how these magazines operate, at least from my pov. My motherinlaw used to have her own beauty shop at her home. She is now been retired for 10+ years. About 3 years ago she started receiving all of these magazines addressed to her beauty shop for free. I am talking 300-400 dollars retail value a month. She is still getting them, People, Us Weekly, Country Living, Glamour, Redbook, Taste of Home, Southern Living, Womens Health, Family Circle and on and on. I wondered why they were sending them to her all of a sudden. Then one day I figured it out. Some of these magazines have nothing but ads and when you sell ads, you have to have a number of how many magazine are selling/in circulation and base the ad rate on that. So they send them out for free and use that number to sell ad revenue. I guess they can afford to give them away for free.

    Liked by 7 people

    • Bendix says:

      I’m glad I saw your comment. Good work. I too had wondered about the recent proliferation of “free” magazines.
      When magazines become advertising circulars, the sort of information that used to come out in magazines before it made its way into books is gone from society.

      Liked by 3 people

  28. Bendix says:

    I hate to see so many publications in the hands of one entity, no matter the perceived political leanings of that entity.
    Magazines that formerly possessed some quality, since the advent of globalism, have increasingly been cheapened into worthless pamphlets full of advertising disguised as articles, with plenty of white space, and often flyspeck typeface, presumably to save on ink.
    It’s sad, magazines used to be one of my pleasures in life.

    Liked by 1 person

  29. C R Lord says:

    Please put the clothing back on those buffoons. They look bad enough with clothes on. That photo is beyond disgusting. On a positive note: McCain isn’t in the photo. So we are spared somewhat!

    Liked by 3 people

  30. bitterlyclinging says:

    “Ties including Time, Sports Illustrated, People, Fortune and Entertainment Weekly”

    If you dump $50 /lb Wagyu steak into a pot containing potatoes, carrots, celery, garlic, beef broth, water, garlic powder, onion powder, pepper, oregano, and parsley, you’re still going to have beef stew.
    You can forget about the Wagyu steak…

    Liked by 1 person

    • G. Combs says:

      You forgot the sage, rosemary, thyme and marjoram. I am getting ready to build a beef stew tomorrow. 😋

      However I leave out the potatoes and carrots and add mushrooms, onions and bok choy instead for a low carb version. The bok choy (or broccoli) goes in about 5 minutes before serving to keep it crisp.

      Like

  31. SharkFL says:

    snarly is a big tell. she is 100% owned

    Liked by 1 person

  32. jmclever says:

    With RINOs anf GOPe at the head of Time Magazine, I predict an uptick in the attempted emotional and intellectual abuse of the American electorate. OTOH maybe they will be driven out of business when they betray their leftist base without being genuinely MAGA minded and creating a new base. I personally haven’t touched a Time Magazine in over 25 years.

    Liked by 1 person

  33. magatrump says:

    I think this is good that the Koch Brothers are taking over Time and with that People and Sports Illustrated. They will make them more conservative in nature and they won’t be as liberal like they were. This will cut down somewhat on the actor and athlete liberal worship that makes me want to vomit when I see these magazines. While I wish that The Presidents friend who owns the Enquire would have bought time and not the nevertrumpers Koch brothers, this result is much better that what we had.

    Like

  34. Mike diamond says:

    Time ownes people magazine !! Fake news! Fake out look on life ! Fake,phony ! Worthless !

    Liked by 1 person

  35. Donna in Oregon says:

    Hillary Clinton, “What Happened” author just made another huge blunder today. If she survives this blooper her next book should be “What Happened II”.

    On the same day that North Korea sent an Intercontinental Ballistic Missile soaring about 2,800 miles into space before descending. Theoretically, that means it could fly on a flatter path for about 8,000 miles — far enough to put Washington at risk,

    Lock her up AG Sessions, lock her up now! She is a National disaster (literally)!

    Hillary Clinton, taking a different tone than Trump, hits China on human rights and South China Sea
    http://www.latimes.com/world/asia/la-fg-china-hillary-20171128-story.html

    Like

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