Over the weekend, Meredith Corporation completed its acquisition of Time, Inc (including titles such as Time, People, Fortune, and Sports Illustrated). Meredith was able to close the deal with a big cash boost from the Koch brothers who added $650 million to the deal. “Meredith said in a statement that the Koch brothers will not have seats on the board ‘and will have no influence on Meredith’s editorial or managerial operations.'” Well, let’s put it this way. If the Koch brothers bought into the print business, I’m guessing they’re not doing it for the profits.