Why are american billionaires buying up ruined newspapers?
- Authors: Pilshchikov IS1
- Peoples’ Friendship University of Russia
- Issue: No 1 (2014)
- Pages: 83-87
- Section: Articles
- URL: https://journals.rudn.ru/literary-criticism/article/view/4710
The author of this article tries to analyze the reasons why billionaires in the United States are buying up loss making newspapers. А growing number of traditional media outlets are struggling to find new audience in the era of the Internet. Under the circumstances it appears even more extraordinary that the American billionaires are investing into the ruining newspapers.
About the authors
I S PilshchikovPeoples’ Friendship University of Russia