The slippery slope of the oligarchy media model
- Written by Rodney Benson, Professor of Media, Culture and Communication, New York University
On July 28, Apple heiress Laurene Powell Jobs bought a majority stake in The Atlantic.
It’s the latest media purchase by the billionaire class, a group that includes Amazon founder Jeff Bezos (the Washington Post), Boston Red Sox owner John Henry (the Boston Globe), billionaire Glen Taylor (the Minneapolis Star-Tribune) and casino magnate...