The New York Times Gets a British Accent
America's flagship newspaper reaches across the pond for a chief executive who can engineer its turnaround. Will the former head of the BBC be able to make the Timesturn a profit?
America's flagship newspaper reaches across the pond for a chief executive who can engineer its turnaround. Will the former head of the BBC be able to make the Timesturn a profit?
The New York Times Co. finally has its new CEO, but picking BBC Director General Mark Thompson for the top job doesn't address the litany of lingering issues that surround print journalism in general and the Times in particular.
It's a cliche that dates back to Monopoly: A bank error in your favor. But for Parijat Saha, an Indian schoolteacher, the Community Chest card came to life in a big way when he discovered that his bank account suddenly held $9.8 billion.
Buddhism is all about renunciation: To achieve nirvana, the Buddha teaches, one must crush desire. But one exiled Tibetan Buddhist leader -- the Karmapa Lama -- allegedly had an undeclared $1.35 million cash stash at his monastery in northern India.
The Qatar-based network is getting international kudos for its coverage of the growing Middle East crisis. But acclaim and a growing audience don't yet equal profits and market share for Al Jazeera, which has almost certainly been losing money since its launch in 1996.
MTV's controversial new teen drama Skins won't set any of its young viewers on the road to ruin, and it isn't pornographic. It is in bad taste, and MTV must have known would offend some audiences. Still, with 3.26 million viewers for its debut, Viacom is getting exactly what it wanted from the show -- publicity and viewers.
British newspapers and the BBC wrote a letter to the U.K. government asking it to examine Rupert Murdoch's bid to take over British Sky Broadcasting Group, saying the deal could harm the public interest.
BP may restart its dividend payments early next year after choosing to suspend them in the aftermath of the explosion of its Deepwater Horizon rig in the Gulf of Mexico in April.











