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Amy Chozick
The New York Times|nytimes.com

Three years ago, Charles and David Koch, the billionaire industrialists and supporters of libertarian causes, held a seminar of like-minded, wealthy political donors at the St. Regis Resort in Aspen, Colo. They laid out a three-pronged, 10-year strategy to shift the country toward a smaller government with less regulation and taxes.

The first two pieces of the strategy — educating grass-roots activists and influencing politics — were not surprising, given the money they have given to policy institutes and political-action groups. But the third one was: media.

Other than financing a few fringe libertarian publications, the Kochs have mostly avoided media investments. read more »

 

Barnes & Noble announced it will introduce a new video store for its Nook products this fall, the latest expansion of the bookseller’s digital content.

The service will allow customers to stream and download movies and television shows for a fee onto TVs and mobile devices, while storing the content in the Nook cloud. The video catalog includes HBO shows, like “Game of Thrones” and “True Blood,” and movies including “The Artist” and “Toy Story 3.”

Barnes & Noble has focused heavily on its digital offerings to compete with retailers like Amazon and Apple. In April, it received a boost when Microsoft said it would invest hundreds of millions of dollars in the bookseller’s digital division. read more »

 
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