The Las Vegas Review-Journal has announced that it has a new owner, yet not perhaps the staff knows who its.
Did Sheldon Adelson, whose Las vegas, nevada casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Las Vegas Review-Journal? The majority are saying ‘yes,’ but no one however the buyer him or herself knows for sure at this juncture.
The $140 million cost tag for Nevada’s main newspaper would be chump change for the billionaire, of course. But as city news sources go, it is considered lot at a time as soon as the print publishing industry is in decline.
However the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not evidently the newspaper’s staff, knows the identity of the owner that is new.
What we do know is this: last Thursday, a business called News + Media Capital Group paid means over market value to take control of the newspaper from its previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.
Who owns the extremely recently incorporated News + Media Capital Group have not even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing the bottom of story, scratching their minds.
‘Do Not Worry About Who We Are’
Michael Schroeder, a News + Media Capital Group manager, told staff in a meeting on last we Continue reading “Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Is the Mystery Buyer”