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View Diary: Boston Marathon bombing (227 comments)

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  •  The NY Post (8+ / 0-)

    has been losing money for years. Murdoch keeps it going as a propaganda tool at a loss. It's a perfect example of why media conglomeration is a bad thing. Left to market forces, the Post would have folded years ago. Murdoch got an exemption to own it even though he was not normally permitted under anti-monopoly media ownership rules. Oh, and who do we have to thank for fighting hard to get the exemption? No it wasn't your favorite Republican Congressman or Senator or Governor, it was none other than governor Mario Cuomo. He subsequently lost reelection, right after the NY Post turned on him and endorsed George Pataki.

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