Report Claims That Big Political Funder Sheldon Adelson Is The 'Anonymous' Owner Of Las Vegas Newspaper
from the well,-that's-a-fun-one dept
Now, Dan Primack at Fortune is claiming that Adelson did, in fact purchase the paper, using the newly formed News + Media Capital Group LLC as a shell to try (apparently not very well) to hide that fact:
For nearly a week, the media and political worlds have been wondering who paid $140 million to purchase Nevada’s largest daily newspaper, The Las Vegas Review-Journal. The primary buyer had taken great pains to remain anonymous, but Fortune has learned from multiple sources familiar with the situation that it is Sheldon Adelson, chairman and CEO of casino operator Las Vegas Sands Corp.The LVRJ itself had been investigating the issue and provided a bunch of supporting evidence for why Adelson was the likely buyer.
The Fortune report wonders if Adelson really only wanted to keep it secret until after last night's debate -- which he hosted -- had passed. Though that doesn't really make much sense. Either way, by trying to be secretive about it, the only end result is putting that much more attention on the fact that he's the buyer. If the idea was to subtly influence viewpoints, that may have backfired.