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Behind the Scenes, Billionaires' Growing Control of News -

Quicklink Submitted By   Follow Me on Twitter     Message Susan Lee Schwartz     Permalink    (# of views)   1 comment, 6 series

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'At first blush, the secret support that the Silicon Valley billionaire Peter Thiel provided for Hulk Hogan’s lawsuit against Gawker is a salacious yarn about money, power, gossip and revenge. But it is also about something more important: an aggressive bid by the very wealthy to control the American news media at a time when it is in a financially weakened state, struggling to maintain its footing on the electronic frontier’s unstable terrain. Mr. Thiel  is devoting his almost unlimited means to lawsuits that promise to shutter a news organization he does not like, as Felix Salmon wrote in Fusion this week. Facebook is being inundated with questions about whether Mr. Thiel’s attempt to shut down a media company through the courts would jeopardize his board seat. Mr. Thiel, is an early investor in Facebook and a current board member.' 

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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

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