Dumont is listed as a senior vice president at Las Vegas Sands Corp., of which Adelson is chairman & Chief Executive Officer. Even U.S. Rep. Dina Titus, D-Las Vegas, got into the act, taking to the floor of the U.S. House on Wednesday to demand that the buyer identify himself.
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A report published by Fortune magazine Wednesday afternoon says Sheldon Adelson is the Las Vegas Review-Journal’s new owner.
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Adelson’s son-in-law Patrick Dumont brokered the deal, according to the announcement.
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So far, Cork says the theaters sold out 12 of the 66 showtimes for those first 30 hours – over 2,000 presale orders. almost } million at the box office during the opening weekend alone, according to iMDb .
In fact, the Adelson family tried to address those concerns in their statement today confirming ownership of the paper.
That’s around $38 million more than New Media Investment Group paid in March for all of Stephens Media LLC, a national chain of newspapers that included the Review-Journal, eight other dailies and 65 weekly newspapers.
Speculation had been focusing on Adelson with pundits theorizing that the deep-pocketed GOP kingmaker could be planning to use the paper to sway the presidential race.
Brian Greenspun, CEO and publisher of the rival Las Vegas Sun, said there will clearly be some political differences between the two papers, “but that just makes for good reading”.
Tuesday, Adelson had reportedly claimed that he has “no personal interest” in the paper.
He said he doesn’t expect them to be involved in news or editorial decisions because Gatehouse Media LLC, a subsidiary of the previous owner, will keep running the publication with a Sunday circulation of 184,000. All a spokesman for the new company would say at the time is that reporters would be unaffected. In the 2012 campaign, the Adelson family spent more than any other donor – about $90 million. “I don’t know who bought the newspaper for sure, but I guarantee the editorial policy couldn’t be any worse than it has been for 10 years”, Sen. Adelson is also the owner of the pro-Netanyahu Hebrew-language daily newspaper Israel Hayom, which is distributed widely for free in Israel.
Spokespeople for Adelson, News + Media Capital and the Review-Journal’s previous owner, the New Media Investment group, declined to comment to all three outlets. His influential Republican Jewish Coalition presidential forum draws the top GOP candidates.
The Adelson family said it didn’t want to disclose earlier that it was behind the purchase of the Las Vegas Review-Journal to avoid distracting from the Republican presidential primary debate that took place in town at the Venetian this week.
The Review-Journal confirmed when reporting on the acquisition that News + Media is a newly-formed company based in DE and is managed by Michael Schroeder, CEO of Central Connecticut Publishing.
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The newspapers have a joint operating agreement, with the Sun delivered alongside the Review-Journal. A spokeswoman for the Journal, which wasn’t named in the action, has said the newspaper will continue to vigorously defend Ms. O’Keeffe in the suit, which is ongoing.
