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  • Our titan’s on the far right

We threw a birthday party for an old friend Thursday evening, and our house filled with people who’d been reading the Reader for decades and wanted to know what’s going to happen now that it’s owned by Sun-Times Media.

Beats me, I said, and shifted the conversation to the bigger picture. Newspapers have become so cheap that any one-percenter with a few extra million dollars to play with can buy one—or two, or a string of them. We see rich folk picking them up for the same reason they pick up sports franchises and Derby horses—because it’s neat to own them.