Results tagged “davidgeffen”

Media Mogul David Geffen Reportedly Wants to Buy NY Times

According to Fortune, David Geffen, the record executive turned Dreamworks co-founder, made an offer to buy the 19% stake in the NY Times owned by hedge fund Harbinger Capital. The Financial Times says, "His offer was rebuffed, two people familiar with its details said. One of these said the offer was made at the prevailing market price but Harbinger wanted a premium, adding that Mr Geffen remained interested in owning the company and would be "a patient buyer'." Geffen previously made a $2 billion pitchto buy the LA Times, which was rejected by the Tribune company. Fortune, which also mentions that Google briefly considered buying the Times but then passed, details the Times' financial and "esoteric" troubles; the latter is described as how the "company suffers from a kind of genetic disorder stemming from the high-minded public goals of the Ochs-Sulzberger trust...and the demands of running a public company." Gawker thinks a Geffen-owned Times is great news for the Times' gay mafia.

As part of our continuing effort to create entertaining content, we have decided to implement a series of interviews with people who are more famous than we are. A lot people qualify under that definition- celebrities, other bloggers, that guy who works at M&O deli on Prince Street, etc. Still, we thought we should warm up by interviewing each other. Here is my interview with Jen Chung:

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