
The Las Vegas Review-Journal has announced that it has a brand new owner, however perhaps the staff knows who it’s.
Did Sheldon Adelson, whose vegas casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Vegas Review-Journal? Many are saying ‘yes,’ but no one nevertheless the buyer him or herself knows without a doubt at this juncture.
The $140 million price tag for Nevada’s main newspaper would be change that is chump the billionaire, of program. But as town news sources go, it is considered lot at any given time whenever print publishing industry is in decline.
But the mystery surrounding the purchase is what really has folks talking, as nobody, not even apparently the newspaper’s staff, knows the identity of the owner that is new.
What we can say for certain is this: final Thursday, a business called Information + Media Capital Group paid means over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it previously in the year just for $102 million.
Who owns the very recently incorporated News + Media Capital Group hasn’t also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at getting to the base 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 Continue Reading