Thursday 20 June 2024

What Should Elon Musk Do With The $56-Billion?

 It's been on my mind for a week.  The compensation package from Tesla has been re-approved (after the Delaware judge tried to stop it).

First, I'd walk in and make a cash-offer to CNN's owners....$8-billion and assumption of current debt).   Once purchased....I'd terminate the top layer.  I'd make them purely a news group....with little to no politics (except after 10 PM).  

Second, I'd buy the Washington Post, with a cash offer of $1-billion.  Once purchased, I'd move the bulk of the management/journalists....forty miles outside of DC.  

Third, I'd take $10-billion and re-create American Public Radio (APR) to provide what NPR originally did in the 1970s.  Literature, poetry, jazz, blues, story-telling....with NO news.  I'd set up forty transmission sites around the US, and have it connected to Twitter/X.

Fourth, I'd offer a buy-out of the NY Times....$8.5-billion.  I'd turn around and forbid any journalist writing a story where the term anonymous source was used.

Fifth, I'd go to Newsweek and Time....asking they'd merge and allow me to buy duo for $2-billion. 

2 comments:

  1. I love this idea best, I'd move the bulk of the management/journalists....forty miles outside of DC.
    Lets make 100 miles.

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  2. See if you did that...getting them out to Luray or Locust Grove or Front Royal....I'm not sure the journalists would survive. Their world would cease to exist.

    For about 18 months (2010-2013), I subscribed to WaPo. What I tended to find was a lot of political intrigue but rarely more than one single page on the District itself, and they never discussed the corruption factor of the city council. I could have written a 700-page book over all the BS and weird stuff I came across in that 42-month period.

    The funny thing...they've weakened the paper so much...that nobody much reads it except for CNN/MSNBC/NPR people who need 'quotes'.

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