Zell's legacy lives on: IRS goes after Tribune
By the time the final papers are shuffled, the IRS and local tax authorities are likely to seek more than half a billion dollars from Tribune in regard to the sales of the Chicago Cubs and Newsday...
View ArticleWashington Post: Why didn't Buffett buy it?
Despite his recent acquisitions, Warren Buffett may not be as optimistic about the future of print as some people think. FORTUNE -- With the sale of the Washington Post, Warren Buffett is once again...
View ArticleDon Graham on the future of the Washington Post (and Kaplan)
The CEO tells Fortune why he sold his family's paper to Jeff Bezos, and what's next for the soon-to-be renamed Washington Post Co. FORTUNE -- Donald E. Graham, the chairman and CEO of the Washington...
View ArticleIt's time for Bezos to disclose his politics
No matter what Jeff Bezos says now, once his purchase of the Post closes, he's almost certain to begin imposing his standards and beliefs in its pages. FORTUNE -- When I first heard that Jeff Bezos,...
View ArticleRead all about it: great American newspapers headed for oblivion
The Deal From Hell by James OShea (Public Affairs, $28.99) James OSheas book, subtitled How Moguls and Wall Street Plundered Great American Newspapers, sounds like it reads as one mans version of how...
View ArticleRise of The Washington Post (Fortune, 1944)
Editor’s note:Every Sunday Fortune publishes a favorite story fromitsmagazine archives. This week, we turn to a 1944 feature on the evolution ofThe Washington Post, D.C.’s gold-standard news source for...
View ArticleWhat the Times’ Jill Abramson did manage well
FORTUNE — Jaws collectively dropped in the media fishbowl yesterday with the announcement that New York Timeseditor-in-chief Jill Abramson was losing her job. Even theTimes‘crack reporters were...
View ArticleWashington Post replaces publisher Katharine Weymouth
Nearly a year after buying the Washington Post, Jeff Bezos is replacing publisher and CEO Katharine Weymouth, ending the eight decade run of Graham family leadership at the paper. Bezos, who purchased...
View ArticleEverything you need to know about the future of print media in a single chart
It’s always fun when Kleiner Perkins Caulfield Byers analyst Mary Meeker comes out with her annual “State of the Internet” slide deck. There often isn’t all that much that is shocking or surprising...
View ArticlePrint readership is still plummeting, and paywalls aren’t really helping
The fact of declining print readership of newspapers and magazines won’t come as a surprise to anyone who has been paying attention over the past decade or so, but the real impact can be felt when...
View ArticlePearson is selling The Financial Times to Japan’s Nikkei for $1.3 billion
Europe’s most influential business newspaper, the Financial Times, is being sold by its owner Pearson Plc PSO to Japan’s Nikkei for 844 million pounds ($1.31 billion), Pearson confirmed Thursday. The...
View ArticleHere’s what the New York Times’ 1 million subscriber number means
The New York Times says it has racked up one million digital subscribers, according to a press release the newspaper company issued on Thursday. That’s one million people who pay for the web or mobile...
View ArticleThe 5 best Donald Trump headlines of all time
For as long as Donald Trump has been making deals, he has been making headlines. The 69-year-old billionaire was arguably the star of the Republican debate held on August 6, leading as he has in both...
View ArticleOregon newspaper is looking for a marijuana critic
In a move that is perhaps signifying the continuing mainstreaming of pot culture, The Oregonian, a major daily newspaper based in Portland, is seeking a marijuana enthusiast to be its cannabis critic,...
View ArticleMedia companies just closed the web gap, and now there’s a mobile chasm
Newspaper publishers and leaders of other media companies might be forgiven for thinking that the universe is conspiring against them. Many have only just managed to get their digital operations to the...
View ArticleHere’s why the Sulzberger family should sell the New York Times
New York magazine had a long, in-depth piece recently about the race for the publisher’s seat at the New York Times, a race that consists solely of people whose last name is Sulzberger, or who are...
View ArticleCutting jobs to create growth? Boston.com axes more staffers
The Boston.com online news cut a dozen more jobs Tuesday, according to a Boston Magazine story aptly headlined Bloody Tuesday). The Boston Globe launched this site in 1995 as the newspaper’s online...
View ArticleHere’s why Axel Springer might be willing to buy Business Insider for $560...
According to a number of recent news reports, German media conglomerate Axel Springer is considering either dramatically increasing its stake in or acquiring all of Business Insider, the scrappy...
View ArticleDysfunctional train wreck at Tribune Publishing rolls on
Newspaper companies have a hard enough time even when their management isn’t deluded or in turmoil. Print advertising revenue continues to free fall, and growth in digital revenue is failing to make up...
View ArticleNew York Times ad revenue slides, but digital subs and native ads are growing
From one perspective, the New York Times’ latest financial results don’t really look all that great. Revenue was basically flat, and advertising revenues fell--including digital-advertising revenue,...
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