Entries tagged "newspapers"
Three big newspaper company buyouts go bust. Maybe local ownership isn't that important.
The newspaper industry was struggling before the economic slump. Now papers desperately try a variety of strategies, some to survive, others to prepare for a future that's still unknowable.
The deal with Carlos Slim gives management time to focus on deeper industry problems.
The 12 papers McClatchy put up for bidding in connection with its Knight Ridder acquisition reaped more than $2 billion and mark a significant dismantling of a one-time old media force.
