washington post co.
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.
Warren Buffett Plans to Leave The Washington Post Board
8:00PM 1/20/2011
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.
Of three Slate spinoff sites launched in the beginning of 2008, two have already folded. Will The Root, a site targeting African-American audiences, succeed where its siblings failed? There's some reason to think it might.
Newsweek Gets Sold to Sidney Harman. So Long, Newsweek
3:20PM 8/02/2010
Washington Post Co. got what just it wanted: Someone else to take the blame for killing Newsweek. Of all the bidders, the 91-year-old audio-gear mogul is least likely to make the changes needed for long-term survival.
The Washington Post Co. probably isn't going to get much more than a token $1 when it sells Newsweek. But it's being awfully choosy about where that dollar comes from.
As the list of potential buyers for Newsweek shortens, Washington businessman Fred Drasner is emerging as the most serious candidate. Meanwhile, the Washington Post Co. has reportedly turned away two conservative would-be buyers.
Apple's iPad Gives Wings to Media Stocks
4:30PM 1/27/2010
Correctly or naively, print publishers all seem to think the iPad, Apple's new touchscreen tablet computer, is going to save their hides -- and Wall Street seems to agree, at least cautiously, as several print media companies saw their stocks rise today.
About a year ago, media critic Michael Wolff predicted that Newsweek would go out of business "sometime around the fourth quarter of next year" -- i.e., right around now. That doesn't look like it's going to come true. But nor does it look as far off the mark as Newsweek's parent, the Washington...
More Stories
Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.04 | -0.15 -1.77% | 205.62M | |
| 2.21 | +0.27 +13.66% | 109.96M | |
| 12.40 | -0.29 -2.29% | 37.34M | |
| 18.82 | -0.32 -1.65% | 35.10M |
% Gainers
| 31.12 | +7.22 +30.21% | 16.13M | |
| 89.40 | +13.01 +17.03% | 10.66M | |
| 2.21 | +0.27 +13.66% | 109.96M | |
| 10.52 | +1.12 +11.91% | 2.81M |
% Losers
DailyFinance Wire
- 4 Money-Etiquette Questions Answered
- Walmart's New Health Food Push: Is It Too Hard to Swallow?
- Newlyweds, Don't Let the IRS Spoil Your Honeymoon
- Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
- Why Groupon Will Never Be Great Again
- Why Used Car Bargains Are Getting Harder to Find
- 5 Reasons Facebook Stock May Be a Better Buy Than You Think
Newswire
- Greek PM says default would lead to 'chaos'
- Budget deficit drops to $27 billion in January
- Turbo-traders take Bank of America for a ride
- Stocks fall sharply as Greek deal is held up
- Bernanke: Weak housing has hurt consumer...
- Trade deficit widens to $48.8 billion in...
- Feds investigate door fires in 2007 Camrys,...
- Review: Netflix and Hulu's new scripted...
- Mid-day Movers (CIE, AMRS, IPSU, MOVE, LNKD)
- Petrobras Shares Volatile on $225 Billion Development Plan (PBR)
- Morning Movers (CIE, ALU, LNKD, AMRS, XIDE)
- AEP Dividend Growth Still Looks Safe Ahead (AEP)
- Arch Coal Tumbles on Earnings, Forecast (ACI, ANR, PCX, BTU, CNX)
- 2011 Trade Deficit Hits 3-Year High, Over $550 Billion
- Today’s Best Market Rumors (2/10/2012) Apple iPad, Google Entertainment
- Top Analyst Upgrades & Downgrades (ALTR, AMSC, BIIB, CELG, COH, CSTR, COP, FSLR, GILD, HAIN, MA, RF, TRLG)
Follow Us
