New York Times Co. (NYT) is in talks to sell its stake in the Boston Red Sox baseball team.
“It continues to be for sale,” New York Times CEO Janet Robinson said, according to Reuters. “We are continuing to talk to a variety of prospective buyers, la…
Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s largest asset manager.
Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did…
As DailyFinance deduced way back in August, professional rude person Michael Wolff (Vanity Fair columnist and Newser.com co-founder) is joining e5 as the new editorial director of its media trade magazines.
Con…
The rest of the industry may be envisioning an all-digital future, by Frank Bennack Jr., vice chairman and CEO of Hearst Corp. is sanguine about the prospects for dead-tree newspapers. “They’ll be around as ink and paper for as…
If you have any doubt that The Wall Street Journal is fast becoming steeped in the corporate culture of Rupert Murdoch’s News Corp., check these quotations. Like Fox News, it declares victory (prematurely) and expresses contemp…