media houses

I’ve always wondered, Why do billionaires buy media empires?

An article by Jordan Murray Although the financial situation for newspapers remains less than ideal, billionaires continue to invest in print media for their institutional worth, with aims to make publications self-sufficient. If you had $190 million to spare, what would you spend it on? If you’re Marc and Lynne Benioff, you’d buy a media empire. […]

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