The Las Vegas Review-Journal has announced that it has a brand new owner, however perhaps the staff knows who it really is.
Did Sheldon Adelson, whose Las Vegas casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Vegas Review-Journal? Most are saying ‘yes,’ but no one but the buyer him or herself knows for sure at this juncture.
The $140 million cost tag for Nevada’s primary newspaper would be change that is chump the billionaire, of program. But as town news sources go, it’s considered a complete lot at the same time as soon as the print publishing industry is in decline.
However the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not really evidently the newspaper’s staff, knows the identity of the owner that is new.
What we do know for sure is this: final Thursday, a business called News + Media Capital Group paid way over market value to take control of the newspaper from the previous owner, New Media Investment Group, which had bought it earlier in the 12 months for just $102 million.
Who owns the extremely recently incorporated News + Media Capital Group hasn’t even been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at getting to the bottom of a whole story, scraping their heads.
‘Don’t Worry About Who We Are’
Michael Schroeder, a News + Media Capital Group mana more “Las Vegas Review-Journal Gets Bought Out as Rumors Swirl That Sheldon Adelson Could Be the Mystery Customer”