by Datechguy | October 28th, 2013
John Henry spent 2874 words explaining to readers of the Boston Globe today why he bought the paper. Among those words are these:
The Globe will never be the prisoner of any ideology or political agenda.
You are perfectly welcome to believe those words but before you decide remember this:
In 2011, the Times turned down a $300 million offer from Aaron Kushner, CEO of Freedom Communications, Inc., publisher of the Orange County Register and other newspapers in California. This offer even included the assumption of pension liabilities, which are currently estimated at $110 million.
The Times itself reports that today’s sale to Henry does not include pension liabilities. Apparently, those remain a Times’ responsibility and expense.
Think about this for a second.
The New York Times turned down an offer 4 times as large that included the pension costs in order to avoid selling this paper to the owners of the Orange County Register.
John Henry on the other hand is a long time Democratic donor and activist. According to his donation records Henry has donated over $1.1M to Democrats and special interest groups, while $1000 went to a lone Republican.
$101,500 special interest
and most of all this:
You would think the death of a 29-year-old woman from a botched abortion in her 33rd week of pregnancy might be newsworthy, particularly if the abolitionist in question was celebrated by the media elites at the Sundance film festival. It might even elicit some outrage, but not if the hundreds of thousands of visitors to the site or readers of the print edition never see it. As far as they are concerned it never happened.
John Henry has been a gift to every Red Sox fan like myself who longed for a World Series win and are enjoying their third trip to the series in under a decade, but lets face facts:
The New York Times sold their paper to him at a price that was 23% of a previous offer from a conservative owner while still retaining responsibility for pensions that the conservatives offered to take on.
Henry is a partisan who has given his money to democrats over Republicans by a ratio of 1100-1
So Baseball aside I trust you’ll forgive me if I’m not inclined to buy “The Globe will never be the prisoner of any ideology or political agenda.” line.
But when that same John Henry writes three sentences later…(emphasis mine):
A major job of the Globe will be to determine not only what news will be of interest to its readers, but what news should be of interest.
THAT I believe.
Over the weekend, I linked to an intriguing look from the New York Times inside the White House spin on the ObamaCare rollout, which spread nothing but sunshine and optimism to Democrats on Capitol Hill and especially to the media. The article posits that Barack Obama and his health-care team were blindsided by the massive failures this month. However, in the second half of the article, the Times’ Michael Shear and Sheryl Gay Stolberg noted that the projects defects were such an “open secret” in the industry
Funny the media in General didn’t pick up on this. Ed Morrissey wonders why:
Maybe the media didn’t dig into these “open secrets” because, like Democrats, the media was satisfied with just hearing the sunny spin from the White House. It’s not as if this was entirely a secret; the Weekly Standard reported in July that the rollout would be a disaster on the security end, which got a little media attention that faded with White House reassurances that all was well.
As for John Henry’s the Boston Globe? I guess they just didn’t decide this news should be of interest to its readers.
Since were talking believe it or not, you can believe this:
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