Marc & Lynne Benioff Buy A Dying Rag

Posted September 17th, 2018 by Iron Mike

Circulation of just over 2 million (less than People or National Geographic),  Time Magazine has been on the block for months,  – awaiting a left-wing fool with money to burn.

Salesforce Software founder Marc Benioff just paid $190 Million to keep Time afloat for another year or two – in hopes of unseating Trump.

Time is hardly the only weekly “news magazine” to have fallen on hard and desperate time in the computer age.

Like newspapers – they rely on paid subscriptions and ad revenue to stay afloat, – so when younger Americans are getting their news and social information from iPhones, – they’re not buying magazine subscriptions.

About the only place I see Time anymore is in the doctor’s office,  – where many waiting there won’t pick it up fearing germs.   I pick it up only to see how far Left the editors have taken it.

With a wealth of some $6.5 BILLION, Marc and his wife can afford to keep Time alive for awhile, – and write off the losses….

Edward Felsenthal’s memo to the Time employees seemed a little weak,  craven,  and pathetic yesterday,  – but I guess when you job is on the line….

Did I mention that Benioff has been a HEAVY left-wing donor – to Hillary and Paul Ryan…and others.  He gave the David Hogg March for Our Lives organization a Million Dollars.

Benioff may be a 21st Century high-tech genius,  – or just a guy who fell into a honey pot,….but he doesn’t wear his wealth with much humility.  I think Time can expect a LOT of “guidance and mentorship”….

One Response to “Marc & Lynne Benioff Buy A Dying Rag”

  1. Walter Knight

    Buying Time Magazine would be a great turn-around investment if the fake news stopped, and liberal editors were fired. Like Fox News, Time would then stand alone for reliable news reporting, capturing half the market.
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    Are you kidding Walter? Benioff isn’t interested in “turning Time around”; he’s just bought (cheap) a giant megaphone so he can be just like Jeff Bezos. Come 2021 he’ll sell it at a loss and write it off his taxes.