Being Owned by a Billionaire is a Struggling Newsroom's Dream. But It Can Turn into a Nightmare

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Not all rich people spend their money on space travel and charities. Some also want to own media companies.

Jeff Bezos has The Washington Post. John and Linda Henry have The Boston Globe. Marc and Lynne Benioff have Time magazine. Laurene Powell Jobs has The Atlantic. And soon, most likely, Stewart Bainum Jr. will have The Baltimore Sun.

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