The SMH buys out the NYT

By Sonia Feng, for the Sydney Morning Herald

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There has been a surprising turn of events within the International Press Gallery. The Sydney Morning Herald can finally confirm that Fairfax Media Limited has bought out The New York Times. Many in the unsuspecting international audience and broader viewership of The New York Times can cry a bloody river, because keep your hats on, the situation is riddled with a twofold story. A mildly entertaining saga, at that, within the world of riches.

Many will remember that merely a year ago, Fox News president and blatant justice obstructer despot, Roger Ailes, notably said in response to buying out The New York Times, in pursuit of some sort of heroic crusade to “purge the socialist rag of its un-American content and transform it into a paper for proper Americans”.

Well touché Fox News. Looks like Fairfax heard half of that message to purge it of its un-American content before Gina Rinehart got on another bandwagon of media investment.

Gina ‘eat your mines out’ Rinehart, the world’s richest woman, mining tycoon and budding media mogul has decided that monopoly over other industries can be both transnational and profitable.

In a precedential move towards media domination and public trust, Gina Rinehart has bought the NYT from Fox News. Speaking about her fellow conservative business partner slash broker, Rinehart has gone on the record to announce that she intends to “purge the un-American content [of the NYT] and transform it into a paper for proper Australians”. With a change of pace to its editorial direction, the SMH hopes that The New York Times will now be completely quote unquote “Australian”.

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