Chicago Newspaper Guild executive director Craig Rosenbaum also says the agreement is related to a three-year collective bargaining agreement between five newspapers and the Sun-Times Media group. Rosenbaum says Sun-Times Media Group has agreed to pay a $2,000 lump sum to photographers who aren't rehired. Sun-Times Media Group declined to comment.» Read More
Amazon CEO Jeff Bezos is personally purchasing the newspaper for $250 million, reports CNBC's Julia Boorstin. And Rick Edmonds, Poynter Institute analyst, provides analysis of the future of print media and what Bezos will likely do with the brand.
Aug 5- Amazon.com Inc founder Jeff Bezos will buy the Washington Post newspaper for $250 million in a surprise deal that ends the Graham family's 80 years of ownership and hands one of the country's most influential publications to the businessman whose Internet company has transformed retailing.
NEW YORK, Aug 5- Amazon.com Inc. founder Jeff Bezos announced Monday that he had agreed to purchase the Washington Post newspaper and some other papers owned by the Washington Post Co for $250 million. The education and media company's flagship daily is only a small part of its operations:.
NEW YORK, Aug 5- Amazon.com Inc founder Jeff Bezos announced on Monday that he has agreed to buy the newspapers owned by The Washington Post Co for $250 million. 1946- Philip L. Graham, who had married Katharine in 1940, takes over the company, which incorporates as the Washington Post Co the following year.
Aug 5- Donald Graham, the chairman and CEO of The Washington Post Co, started talking to Amazon.com' s Jeff Bezos less than a month before cinching a $250 million deal to sell the flagship newspaper to the tech entrepreneur. "For the first time in either of our lives we said to each other: is ownership by the Washington Post Co the best thing for the newspaper?
Aug 5- The Washington Post Co has agreed to sell its newspaper assets, including its flagship daily, to Amazon Inc founder Jeff Bezos for $250 million. Washington Post Chairman and Chief Executive Donald E. Graham, whose family owns the paper, said it would be better served with another owner.
Aug 5- The Washington Post Co said it has sold its flagship newspaper to Jeff Bezos, the founder of Amazon.
*Judge found Apple tried to end price competition. *Apple calls plan "draconian and punitive". NEW YORK, Aug 2- Apple Inc is headed for a showdown with the U.S. government and dozens of states, which on Friday urged that tough new restrictions be imposed on the company for illegally conspiring to raise e-book prices.
NEW YORK, Aug 2- Apple Inc deserves a five-year ban from entering anti-competitive e-book distribution contracts and should end its business arrangements with five major publishers with which it conspired to raise e-book prices, federal and state regulators said on Friday.
NEW YORK, Aug 2- Apple Inc deserves a five-year ban from entering anticompetitive e-book distribution contracts, and should also end its business arrangements with five major publishers with which it conspired to raise e-book prices, federal and state regulators said on Friday.
Casey Anthony has agreed to pay $25,000 to her bankruptcy estate to avoid having to write her life story.
Aug 1- New York Times Co reported on Thursday that second-quarter revenue fell almost 1 percent as gains in subscriptions to its flagship and other newspapers could not offset declines in advertising. To combat the decline, New York Times Co has rolled out a subscription model for its digital products to tap a new revenue stream.
Aug 1- New York Times Co reported on Thursday that revenue slipped almost 1 percent as gains in subscriptions to its flagship and other newspapers could not offset declines in advertising. To combat the decline, the New York Times rolled out a subscription model for its digital products to tap a new revenue stream.
Aug 1- New York Times Co reported on Thursday that revenue slipped almost 1 percent to $485.4 million, as gains in subscriptions to its flagship and other newspapers could not offset declines in advertising. Total operating profit for the second quarter was $53.4 million compared with $44.1 million in the same period a year before.
FRANKFURT, July 30- European Central Bank President Mario Draghi said he wants to begin publishing the minutes of ECB Governing Council meetings, which until now have been kept secret, a German newspaper said on Tuesday. Therefore the ECB Executive Board will present a corresponding proposal to the ECB Governing Council for discussion and a decision. "
Never ignore a stock that's fallen out of favor. What's unloved today can be a sweetheart stock tomorrow.
SAO PAULO, July 28- Brazilian President Dilma Rousseff ruled out additional spending cuts or a reduction in the number of government ministries from 39, saying the benefits of such measures to spur economic growth would be minimal, Folha de São Paulo newspaper reported on Sunday.
FRANKFURT, July 25- Publisher Axel Springer struck a 920 million euro deal to sell a clutch of Germany's best-known newspaper and magazines, building up a potential war chest to bid for online classified advertising business Scout24.
*Axel Springer shares up 8.9 percent. FRANKFURT, July 25- Publisher Axel Springer struck a 920 million euro deal to sell some of Germany's best-known newspapers and magazines, severing its oldest roots in order to intensify its focus on digital media.
July 22- Time Warner Inc said it named a new chief executive to head its magazine titles People, Sports Illustrated and Time, which will soon be separated from the media conglomerate. Time Warner intends to spin off the magazine unit Time Inc into an independent publicly traded company around the end of 2013.. Ripp is the third CEO of Time Inc since 2011..