John Henry
Zuckerman: Billionaires Are Buying Newspapers ‘Because They No Longe
August 11th, 2013 8:30 PM
Media mogul Mort Zuckerman wins this weekend’s funniest line on a political talk show.
Asked by the host of PBS's McLaughlin Group why successful billionaires would invest in a dying business such as newspapers, Zuckerman replied, “Because they no longer wish to be billionaires” (video follows with transcribed highlights and commentary):