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Los Angeles Times Editorials Editor Resigns Over Owner’s Decision Not To Endorse In Presidential Race (deadline.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

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The paper did not endorse either candidate, breaking with a tradition going back to 2008.

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[–] iAmTheTot 4 points 3 weeks ago (1 children)

Oh don't be mistaken, it's also to make money.

[–] [email protected] 2 points 3 weeks ago* (last edited 3 weeks ago)

Oh yes....

Those amazing profit margins from...

Print media and social media website that have literally never made a profit?

With the amount of money they use to buy media conglomerates there are much better investment opportunities, this guy paid half a billion cash for and like another 90 million of assumed debt.

Almost a fifth of the price was bills the company couldn't pay be cause it's unprofitable.