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 sixth of the price was bills the company couldn’t pay because it’s unprofitable.
Almost immediately after buying it he killed a story about another wealthy friend’s dog who bit someone.
Billionaires aren’t buying media to make money, it’s to control the media.
We need to do something about them before they can just buy terminator robots.
They can already buy the government, it won’t take much longer till they don’t need to.
Oh don’t be mistaken, it’s also to make money.
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 sixth of the price was bills the company couldn’t pay because it’s unprofitable.