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Mike Hengel of Review-Journal Accepts a Buyout
Hengel revealed the news with an announcement to editorial staffers on Tuesday, and his departure was confirmed in a message from the new owners that appeared on the front page of the newspaper on Wednesday.
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The new owners also said that Mr. Hengel as well as several other “qualified employees” have accepted a buyout offer from the newspaper’s former owners.
After the outgoing Review-Journal editor spiked the story, and the reporters returned to their beats, came a odd discovery from across the country that made the temporary reassignment take on a more worrisome tone.
As the media industry shifts in an ever-changing landscape, billionaires have dabbled in buying newspapers and other mainstream media outlets, so Adelson’s purchase on the surface wasn’t unusual.
The publisher of the CT paper is Michael Schroeder, who also happens to be the manager of a DE company formed to facilitate the purchase of the Review-Journal for the Adelsons.
In the official statement published on the newspaper’s Web site, the new owners promised “to publish a newspaper that is fair, unbiased and accurate”. On social media, some of the newspaper’s staff have said they are stunned to see Hengel go. But few American newspaper owners have a political agenda to rival that of Adelson, who has contributed tens of millions to GOP campaigns.
The conflicting timeline emerged right as more questions about the Adelsons’ role in the purchase materialized: a new AP report revealed that during the Review-Journal’s investigation into the Nevada judge, a separate newspaper in CT published a story criticizing the same judge for “inconsistent” and “contradictory” rulings.
“I still think it was a waste of time, but now I wonder what really was behind it”, Hengel said at the time to the Review-Journal. That ended speculation about the identity of the unknown entity that paid $140 million for the Review-Journal.
Being the Chairman of Las Vegas Sands, one of the world’s biggest gambling operators, and a staunch supporter of the Republican Party, Sheldon Adelson is no stranger to the USA media scene.
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“It shows”, Seaman said, that “they are not afraid to stand up to the people who sign their paychecks, which is very admirable”.