The problem with the newspaper business is simple: A subscription price barely pays for the paper your papers are printed on, and free media are siphoning off the ad revenues newspapers rely on. Warren Buffet thought he could buck the trend, but not even the Oracle of Omaha can fight math.
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 classic graduation gifts are perfect for someone headed for an artist's colony or off on a vacation. But with half of recent college grads unemployed, the best gifts are ones that will help put them on the fast track to a job. Here are five smart options.
News Corp. has launched The Daily, a newspaper specifically designed for the Apple iPad and other tablet computers. The e-paper's premier edition has attracted kudos for visuals, but mixed reviews on content. The burning question: Will it attract paying readers?
News Corp. more than doubled its earnings for the fiscal second quarter, the company announced Wednesday. Part of the gain comes from a settlement charge a year earlier, which dampened year-ago earnings on a one-time basis. The company also is considering selling MySpace.
Warren Buffett says he will step down as a longtime boardmember of The Washington Post when his term ends in May. But he has no plans to sell Berkshire Hathaway's shares of the company.
Google is considering a plan to expand its Android newsstand -- and heat rivalry with Apple's iTunes -- by charging publishers a lower price to sell news to Android users than the 30% fee that Apple typically charges to sell apps on iTunes. Will that be enough to attract more news?
Amazon.com says it will pay more for newspapers and magazines on its Kindle e-book reader. It will now pay publishers 70% of retail price, up from paying about one-third of the retail fee for The Wall Street Journal last December. Will more content help Kindle compete with the iPad?
American Media, publisher of National Enquirer, plans to file for bankruptcy protection in the next two weeks, as it seeks to convert its substantial debt to equity shares in the company.
Gannett's third-quarter profit beat the Street, but disappointing revenue plunged shares 8.8%. The company's revenue remained flat, missing analyst forecasts, as its newspaper operations declined 5%.
Philadelphia Media Network thought it had a deal after winning the papers in April, but the Teamsters have balked at the last minute. That means the Philly Inquirer and Daily News will be auctioned again, and Philadelphia Media plans to try again.
The nation's second-largest newspaper is planning to lay off 130 business and newsroom employees as part of an overhaul to de-emphasize the print edition and works to reach more readers and advertisers on mobile devices.
The New York Times will soon charge, AT&T is ceasing unlimited data usage for iPhones and not all video will be free on Hulu. It's slowly sinking in that even online, free can't compete with paid and unlimited can't compete with tiered. It's the end of an era.
New York Times standards editor Phil Corbett advises the paper's staff not to use the word "tweet" as a verb or noun, says The Awl.
News Corp. Chairman Rupert Murdoch may think he's struck a major blow against Google with his plan to remove the articles from two of his newspapers from the search results of the Internet behemoth her hates so much -- but I think he needs to go still further.
Sony sells plenty of Readers worldwide, but it years ago gave up trying to market them in Japan. Now, just as Apple is about to launch its iPad there, Sony is defending its home turf with a new joint venture designed to solve the problem that stymied its previous e-book attempts: lack of content.
Former public relations executive Brian P. Tierney had wanted to be the top media dog in Philadelphia in the worst way, and he succeeded, taking over The Philadelphia Inquirer and The Philadelphia Daily News in 2006. But now his reign has ended. Creditors won the newspapers' bankrupt parent company, Philadelphia Newspapers, in an auction Tuesday.
After technology and the worst recession in decades created enormous upheaval for the newspaper industry, the parent company of Philadelphia's leading papers is on the auction block today. Will billionaire Ron Perelman emerge as the hometown hero who saves the day?
E.W. Scripps, owner of the beloved Peanuts brand, is selling United Media Licensing for $175 million, and while the sale comes as no surprise, the price might: It's a tad low given that majority buyer Iconix thinks it can generate $75 million in royalties a year from the business.
Rupert Murdoch has a history of contrarian gambles that pay off big. But with newspaper advertising in an historic slump and online ad spend overtaking print for the first time, is his new price war with The New York Times a smart move?
Copyright and fair use doctrine were at the heart of a recent debate about how news organizations are going to make money in the digital age -- if indeed they are.
Carlos Slim is one of the New York Times Co.'s biggest shareholders, but most of his holdings are in the form of warrants received after loaning the media company $250 million. The Mexican billionaire's growing stake has raised concerns about whether he would try to influence the fabled journalism brand in any way.
