'Their own media megaphone': what do the Koch brothers want from Time?

The company's decline is readily apparent - but if the billionaire brothers' other interests are a guide, their investment will be about more than moneyThat Charles and David Koch are putting $650m into Meredith Corp's purchase of Time would ordinarily be cause for great soul-searching in media. But then, these are not ordinary times.Meredith's Koch-backed deal with Time - which owns, in addition to Time magazine, titles including People, Fortune and Sports Illustrated - was sealed Sunday night. Meredith said in a statement announcing the deal that they are building "a premier media company serving nearly 200 million American consumers." Continue reading...