Jeff Bercovici Tries to Answer Billion-Dollar LAT Question
In the wake of this weekend’s highly shared New York Times piece about the Koch brothers’ interest in Tribune Co. newspapers, Forbes blogger Jeff Bercovici handicaps the overall billionaire odds. Because the Kochs have an alleged interest in the entire Tribune Co. print slate, he places them at the top of the list as an even-money bet.
Less convincing is Bercovici’s stubborn inclusion of David Geffen at 20:1. It seems pretty clear that the one-time suitor has lost all interest in the LA Times, but let the record show that if Geffen does indeed reveal he was putting forth a poker face, Bercovici wasn’t fooled.
At the bottom of Bercovici’s list is Warren Buffett:
Odds he’ll get it: 50:1. The Times just doesn’t fit the profile at all of the type of newspaper Buffett’s been buying. He’s looking to roll up papers in small, semi-isolated cities and towns that have a quasi-monopoly on local news. It would be shocking if he didn’t sit this one out.
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