Monday, March 31, 2008
Newspapers For Sale
With all the negative news regarding falling profits at newspapers the past few years, I’m left wondering why three interested suitors are vying to purchase the Tribune Company property Newsday? If and when the Los Angeles Times goes onto the chopping block, three different billionaires have made it clear they would like to purchase the newspaper.
Makes one wonder what the movers and shakers see, that we do not see, for the future of newspapers?