• farcaster@lemmy.world
    251·
    7 months ago

    Dealing with 6 different media companies is exhausting. You have no idea. When they finally merge my staff will only need to pay one of them. More time for everyone to play golf. Win-win.

  • Uriel238 [all pronouns]@lemmy.blahaj.zoneEnglish
    11·
    7 months ago

    Ty Warner (creator of Beanie Babies) demonstrates excellent billionaire conduct by intentionally staying off of social media, according to a bio on the You’re Wrong About podcast. This isn’t to say he’s a jerk that shamelessly stole the ideas of other people. He did a whole bunch of that. It’s just once he got his riches, he shut up and ran his company.

    As Elon Musk was considering buying Twitter, a lot of tech wonks examined the situation and came to the same conclusion: to retain his company value, Musk needed to let Twitter do its thing without changing its policy and if possible without commenting from his account. It was already doing the best it could.

    Musk didn’t and now X / Twitter is worth very much less.

    • thawed_caveman@lemmy.world
      8·
      7 months ago

      Staying off of social media is actually the default for billionaires, they tend to stay out of the limelight. We just happen to have a few that like the attention.

    • cheese_greater@lemmy.world
      4·
      7 months ago

      Its never been about regular fundamentals with Twitter for Musk, its been bought by the Saudis and other autocratic places together as a cudgel to be used against human rights and modern liberal and free societies for weaponization by the global(ized) rich

  • thawed_caveman@lemmy.world
    7·
    7 months ago

    All of my media companies just say what i want on their own, the fact that i own them is on the back of their minds and makes them self-censor without me needing to say anything. I just hire a manager that i know agrees with my opinions, he then proceeds to hire journalists that agree with our opinions, and they proceed to do what looks like propaganda without anyone needing to be told to do it.

    I don’t tell my media companies what to report because there’s no need to, and if i did then there would be a paper trail.

    • ivanafterall ☑️@lemmy.worldEnglish
      4·
      7 months ago

      Fellow billionaire media magnate here: you’re doing it wrong. You make the news what you want it to be! Isn’t that why we do this, at all!?

      • Hobbes_Dent@lemmy.world
        3·
        7 months ago

        Hello fellow billionaire friend of the worker and free speech!

        But if I don’t read “the news”, how will I know what to order my “journalists” to bury?