Warren Buffett may be the only newspaper owner in American who wants to support the business. In addition to his ownership of daily newspapers in Omaha and Buffalo, he recently ... Read Full Story »
It is no secret that the newspaper business has not been a good sector over the last decade. Subscriptions declined about as fast as the number of smokers did in ... Read Full Story »
Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which ... Read Full Story »
Microsoft’s (NASDAQ: MSFT) decision to invest in the e-commerce arm of Barnes & Noble (NYSE: BKS) will do nearly nothing for the bricks-and-mortar book company. The challenge the two companies ... Read Full Story »
Not much is left of Barnes & Noble (NYSE: BKS). Its bricks-and-mortar model has been ravaged by online competition. Its Nook e-reader trails well behind the Amazon.com (NASDAQ: AMZN) Kindle ... Read Full Story »
Online data research firm Comscore reports that the viewership of video online continues to rise rapidly. Video Metrix service showing that 181 million U.S. Internet users watched nearly 37 billion online content ... Read Full Story »
Maybe the media misjudged Jon Corzine, former CEO of bankrupt financial firm MF Global. Last week there were almost universal reports the he approved the transfer of client money to ... Read Full Story »
The Associated Press hired the worst CEO in the newspaper industry as its 13th chief executive. Its board of directors should be ashamed, as should anyone who works at the news ... Read Full Story »
The key conclusions of the annual Pew Research Center’s Project for Excellence in Journalism report on the “State of the News Industry” are two. A rise in new technology that allows information dissemination has ... Read Full Story »
One of the challenges traditional news media face is that advertising has begun to move online. As its turns out, the news media does not do much better on the internet than ... Read Full Story »
The most frightening observation of the new and remarkably comprehensive Comscore “U.S. Digital in Focus: 2012” report is the rise of the “digital omnivore.” These multidevice consumers roam the streets, ... Read Full Story »
New data from online research firm Comscore shows Facebook had 27.9% of the U.S. display advertising market, up from 21% in 2010. Yahoo!’s (NASDAQ: YHOO) share was 11%. Google (NASDAQ: GOOG) ... Read Full Story »
Ticket sales for movie theaters dropped in 2011 the most in 16 years, according to Hollywood.com. Some of the fall-off is due to a dearth of blockbuster films. But the ... Read Full Story »
Traders rarely make mistakes as bad as the one they made when they pushed newspaper stocks higher early in the year. Shares in companies such as the New York Times (NYSE: ... Read Full Story »
It is strange that the New York Times (NYSE: NYT) would want to sell its local media group. Local papers are, in most cases, doing better than large metropolitan ones. ... Read Full Story »