The Las Vegas Review-Journal has announced it is that it has a new owner, but not even the staff knows who.
Did Sheldon Adelson, whose Las Vegas casino the Venetian is readying for tonight’s final GOP debate, purchase the Las Las Vegas Review-Journal? Many are saying ‘yes,’ but no one however 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 course. But as city news sources go, it’s considered lot at a time whenever print publishing industry is in decline.
Nevertheless the mystery surrounding the purchase is exactly what really has folks talking, as nobody, not even apparently the newspaper’s staff, knows the identification of the owner that is new.
That which we do know is this: last Thursday, a company called Information + Media Capital Group paid way over market value to take control of the newspaper from its previous owner, New Media Investment Group, which had bought it previously in the 12 months just for $102 million.
Who owns the very recently incorporated News + Media Capital Group have not also been divulged to staff, leaving the paper’s seasoned reporters, usually so adept at addressing 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 o