Dean Singleton, the man who built up, then overbuilt, MediaNews, while simultaneously wrecking the Associated Press and undermining its connection to its traditional newspaper members in the Internet Age by letting AP whore after news aggregators, once again shows his moxie, bullshit level, or whatever.
As Media News' parent company (a shell organization, if you will — Dean-o was one of the first media moguls in on that idea) emerges from bankruptcy court, not only does the Deanster get to stay on as CEO of the newly reconstituted Affiliated Media, he does so with a nice $650K base salary, and his MediaNews co-founder apparently getting pushed out the door.
Meanwhile, we have the brown-nosing of billionaire Jon Huntsman Sr., father of the former Utah governor, callling Dean-o "a smart businessman."
Can we change that to "a bamboozling businessman"?
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.