The American Media Landscape is Being Reshaped by Billionaires

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In November, Joe Ricketts, the billionaire founder of online brokerage firm TD Ameritrade, patriarch of the family that owns the Chicago Cubs, million-dollar Trump donor, and father of the governor of Nebraska, shuttered DNAinfo, the local news startup he founded, and Gothamist, the network of city blogs he’d purchased just a few months earlier, in a fit of pique, after editorial employees organized a union.

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