Politics

Out of context: Reply #31942

  • Started
  • Last post
  • 33,459 Responses
  • sted1

    Neo-communist anti-liberal government took over the last independent media outlet in Hungary.
    Index was a great example

    Index has been a very rare example of an actually profitable online news site; it's been the oldest and most popular online media. It is worthy for the ruling party to simply destroy this value (similarly to what has happened to other big players) because they have enough public money for them anyway.

    A while ago various oligarchs have bought almost all of the Hungarian media, and then donated (for free) them to a single 'non-profit' organization.

    https://news.ycombinator.com/ite…

    sted 1Permalink
    UpvoteDownvote
    Flag
    • remember this: trump wins this will happen in the us.
      like everything in the past years, this is part of the populist-right takeover strategy      sted
    • Is it a take-over strategy? Perhaps they are merely taking advantage of the colossal blunders the left have made in so many countriesGnash
    • it is a 6 year strategy, involving bank loans for the foundation what was running the site to buy out the original owners. slowly removing the stakeholders etc.sted
    • this was the second and last independent news portal what they took over in the past 10 years. with this move they own the media on all levels.sted
    • and everything looks legit on paper.sted
    • Great, another dictatorship at our borders here in Romania. Thanks sted!grafician
    • 21st century is rife with the stink of dictatorships.inteliboy
    • This is bad news for Hungary. Sorry to hear about itGnash
    • What the fuck is a neo communist anti liberal. Is liberal still a liberal outside us as far as definition goes? Though that dieddeathboy
    Show [[ numHiddenNotes ]] more notesAdd Note
    SaveCancel

View thread