May 29, 2013 |
About 200 protesters rallied Wednesday outside the headquarters of the Los Angeles Times to protest a potential sale of the newspaper to the politically conservative Koch brothers. The rally was one of a dozen nationwide at media properties owned by Tribune Co., which is considering selling The Times and seven other daily newspapers after emerging from bankruptcy late last year. Activists are seeking to pressure Tribune not to sell the papers to Charles and David Koch , billionaire siblings who fund a range of conservative causes.
May 23, 2013 |
About 100 activists rallied in Beverly Hills on Thursday evening to protest a potential sale of the Los Angeles Times and other Tribune Co. newspapers to the politically conservative Koch brothers. Part of the group -- a collection of environmentalists, union activists, retirees, Times subscribers and a Jewish rabbi -- took their effort on a more than half-mile march to the home of Tribune Chairman Bruce Karsh. Karsh is president and co-founder of Oaktree Capital Management, a Los Angeles investment firm that is the single largest Tribune owner with nearly 23% of the stock.
May 15, 2013 |
About 300 labor union members and other activists staged a demonstration to protest the potential sale of the Los Angeles Times to the politically conservative Koch brothers. Demonstrators marched outside the downtown L.A. headquarters of Oaktree Capital Management, an investment firm that holds a roughly 20% stake in Tribune Co., which owns The Times. Protesters alleged that Charles and David Koch, billionaire siblings who fund conservative causes, want to buy The Times in order to skew the paper's coverage to favor anti-union objectives.
CALIFORNIA | LOCAL
May 8, 2013 |
SACRAMENTO - California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes. In a letter dated Tuesday to Bruce Karsh, president of Oaktree Capital Management, the largest shareholder in Tribune Co., and chairman of its board of directors, the unions said David and Charles Koch are "anti-labor, anti-environment, anti-public education and anti-immigrant.
CALIFORNIA | LOCAL
May 8, 2013 |
SACRAMENTO - California legislative leaders and 10 public employee unions announced opposition Wednesday to any sale of the Los Angeles Times and other Tribune Co. newspapers to a pair of wealthy brothers who fund conservative causes throughout the country. In a letter dated Tuesday to Bruce Karsh, president of Oaktree Capital Management, the largest shareholder in Tribune Co., and chairman of its Board of Directors, the unions said David and Charles Koch are “anti-labor, anti-environment, anti-public education and anti-immigrant.” The unions noted that some Oaktree assets come from public pension funds and warned that a sale to the Koch brothers “would be adverse to the retirement security of public employees whose pension funds you are responsible for managing and investing.” The California Public Employee Retirement System is among the funds that invests with Oaktree.
April 30, 2013 |
The people of Los Angeles would be up in arms if some out-of-town billionaires tried to buy the Dodgers and institute a rule that only right-handers could play on the team. Petitions would be signed, protests would be organized and politicians would rise up to condemn the sale. It would be nice if there were a similar outcry at the prospect of the Koch brothers buying the Los Angeles Times. After all, as exciting as it may be for a city to have a major league sports team, a good newspaper is a far more valuable asset.
March 27, 2013 |
A Wisconsin man could face years in federal prison if he is convicted of helping hacker collective Anonymous take down Koch Industries' website during protests in the state's capital in 2011, according to an indictment revealed this week. The charges were announced Tuesday by the U.S. attorney's office in Wichita, Kan. -- the home of Koch Industries, a $115-billion-a-year oil and manufacturing conglomerate owned by libertarian iconoclasts Charles and David Koch. Officials said Eric J. Rosol, 37, of Black Creek, Wis., participated in an Anonymous-organized shutdown of Koch websites www.kochind.com and www.quiltednorthern.com on Feb. 27 and 28 in 2011.