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Another liberal tech billionaire buys a major publication . Similar to Jeff Bezos purchase of Washington Post and Steve Jobs widow buying majority of the Atlantic .
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Another billionaire tech CEO is buying a prestigious print publication.
This time it's Salesforce CEO Marc Benioff and his wife Lynne Benioff. They are buying Time Magazine for $190 million from Meredith Corp.
"The Benioffs will hold Time as a family investment," Time editor in chief Edward Felsenthal told his staffers when the deal was announced on Sunday night.
Oh well, it's not like he'll be able to make them MORE left leaning than they already are. Just another political rag full of half truths and innuendo pushing their bias.
I hope he got it real cheap. Magazines are dying. Even the online versions.
True, it sounded cheap to me at $190M I thin they said....to tech guys, that's tip money.
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