Potential Koch Tribune Takeover Sparks Concerns at National Press Club Event
By Media Matters
Fears that David and Charles Koch will buy Tribune Company’s major regional newspapers sparked a lively discussion at the National Press Club today among those who worry the conservative billionaires would misuse the influential properties.
The event, titled, “Should the Koch Brothers Own the Tribune Newspapers?” was sponsored by the Newspaper Guild and drew an audience of about 60 reporters, union leaders and concerned media observers.
“In just 2011 and 2012, more than 6,000 U.S. newspaper workers were laid off or accepted buyouts,” Guild President Bernie Lunzer said in a statement at the event. “This not only affects workers; it dramatically affects communities and their access to information via qualified, experienced journalists. With the appearance on the scene of the Koch brothers, many people and organizations are raising new concerns.”
As Tribune Company emerges from bankruptcy, it has indicated plans to sell its eight regional daily newspapers. Charles Koch has indicated an interest in the brothers’ company, Koch Industries, acquiring media outlets, and the company reportedly may bid on the Tribune papers, which include the Los Angeles Times, Chicago Tribune, Charles Baltimore Sun, Orlando Sentinel, South Florida Sun Sentinel, Hartford Courant (Hartford, CT), Morning Call (Allentown, PA), and the Daily Press (Hampton Roads, VA). Read the rest of the story at Media Matters.