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Newspaper Editor Steps Down After Publication’s Billionaire Buyer Unmasked
And, according to a tweet from one of the reporters present, the outgoing editor opined that his resignation “probably comes as a relief to the new owners, and it is in my best interest and those of my family”.
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NPR’s David Folkenflik reports that Mike Hengel has accepted what the paper is calling a “voluntary buyout that was offered by the prior owners of the paper”.
Hengel had led Nevada’s largest newspaper since 2010.
The judge has clashed numerous times with Adelson’s attorneys in a high-profile wrongful-termination lawsuit brought against Adelson’s casino company, Las Vegas Sands. “We regard ourselves as stewards of this essential community institution, and we promise that the Review-Journal will serve the people of Las Vegas for many years to come”, the statement read.
It said Gatehouse Media LLC, a subsidiary of the former owner New Media Investment Group, would continue to run the publication.
The Adelsons said they postponed making public their involvement to avoid distracting from the December 15 Republican presidential debate held at The Venetian, Adelson’s flagship casino-hotel on the Las Vegas Strip.
Andrew Seaman, the Society of Professional Journalists’ ethics committee chairman, stresses that the story in the CT newspaper could be a coincidence but acknowledges the only way to describe the sequence of events is “weird”.
After he decided against publishing any of the material about the judges, Hengel said, he sent the research to Publisher Jason Taylor and never heard more.
“I didn’t see the point of it. I still don’t see the point of it”, Hengel told The Associated Press on Tuesday, adding that he had not talked with anybody from the Adelson family or Schroeder.
The editor of the Las Vegas Review-Journal capped more than a week of turmoil sparked by the sale of Nevada’s largest newspaper to the family of casino magnate and Republican party kingmaker Sheldon Adelson with an announcement on Tuesday that he’s stepping down.
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A statement that is to be published on The Las Vegas Review-Journal’s front page on Wednesday says that the new owners are committed to publishing a “fair, unbiased, and accurate” newspaper and that they are to make the necessary investments in order for it to succeed. Earlier this year, New Media Investment Group bought the publication from its longtime owner Stephens Media LLC for the total amount of $102.5 million.