Newspaper Revenue Falls at Its Slowest Pace in 6 Years
The newspaper industry's revenue declined at its slowest pace in six years, as publishers turned to new businesses and raised more money from online subscriptions.
new york times
In Defense of Online Shopping (Delia Ephron, Listen Up)
Screenwriter Delia Ephron did not have a merry online Christmas shopping experience at J. Crew. But rather than complain about the company's customer service, she turned an op-ed column in the New York Times into a wide-ranging indictment of online shopping itself. Here's why she's wrong.
What to Watch This Week: Malls, Tech, Homes and Papers
With 2012's first earnings season well under way, let's go over some of the items that will help shape the week that lies ahead: Here's why you should be watching one major mall owner, two tech giants, three homebuilders and a couple of old media behemoths.
Newspapers: Going...Going...Gone!
For anybody who has followed the news over the past few years (probably on a computer), the long-awaited demise of newspapers shouldn't come as much of a surprise. But on Wednesday, the bell tolled once again for the printed word when the University of Southern California's Annenberg Center for the Digital Future offered a prophecy: Within five years, only four major daily papers will continue in print form.
Why Taxing the Rich Is Good for America
Last week, Warren Buffett wrote an incredible opinion piece in The New York Times asking the government to raise taxes on the wealthiest Americans, himself included. "My friends and I have been coddled long enough by a billionaire-friendly Congress," he argued, and he's not alone in that view.
ATM Plus KGB? New Russian Cash Machines Detect Lies
A new Russian ATM will make customers pay for lying: A voice-measured polygraph to be installed in the electronic tellers of Russia's state-run Sberbank can tell if patrons are talking truth or hogwash in applying for a credit card or loan -- an anti-fraud weapon with roots in the old Soviet Union.
Buzzword of the Week: Tent Pole
In the testosterone-laden enclaves of America's business class, buzzwords tend to be a bit manly. Perhaps the best example is "tent pole," a term that refers to a company's most promising, prominent or profitable product -- except when it refers to its biggest problem.
New York Times's Web Subscriptions Won't Break the Bank
Wondering how much it will cost to read stories on The New York Times's website once the newspaper sets up its long-anticipated pay wall? While a final price hasn't been set yet, unidentified sources told Bloomberg News that it'll come to less than $20 per month.
Top Media Stories of 2010: Apple iPad, Howard Stern and WikiLeaks
With the launch of the Apple iPad, the retirement of Larry King and the ascension of WikiLeaks, 2010 was a year for the media history books. Here's columnist Jonathan Berr's list of the top media stories of the year.
Seven Classic Bad Calls in Business Journalism
Over and over, magazines and newspapers miss the truth about business by a mile. They're so consistently bad, in fact, that the media has been a leading contrary indicator of stock prices and business trends. Here are seven classic examples.
Tribune CEO Randy Michaels Expected to Resign This Week
Tribune CEO Randy Michaels is expected to resign after The New York Times reported he has fostered a sexist "frat house" culture at the news company. Employees said he encouraged sexual innuendo, profanity, poker parties and other bawdy behavior, according to the story.
Harvard Club Rejects Eliot Spitzer for Membership
CNN host Eliot Spitzer, the former New York governor who resigned amid a prostitution scandal, was rejected for membership at the Harvard Club in New York City. The club rarely turns down qualified candidates, and Spitzer is a Harvard Law School graduate.