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Posts related to ‘Old Media’

Barry Diller, Sidney Harman Could Care Less if Daily Beast-Newsweek Ever Makes Money

Good thing that Barry Diller and Sidney Harman don't work for the CIA because the two media tycoons are doing a terrible job in keeping word of the potential merger ...
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Blockbuster’s Chapter 11 May Be Inadequate

Blockbuster filed for Chapter 11 as expected. The rental chain declared that  it reached agreement with a group of bondholders holding approximately 80.1 percent principal amount of the company's 11 ...
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UBS Makes A Good Call On The New York Times

Too often, most Wall Street analysts are a day later and a dollar short.  UBS analyst John Janedis, however, managed to get it right about the New York Times Co. ...
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The Ten American Industries Which Will Never Recover

It has become clear that jobs in some industries may never come back or if they do it will take years or decades for a recovery. 24/7 Wall St. examined ...
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Eight Of America’s Most Secretive Companies

Secrecy is critical to more businesses than most people might imagine. Entire industries are based to some extent on the process of creating goods and services and then putting them ...
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Barnes & Noble: The Titanic Goes On Sale

Barnes & Noble (NYSE: BKS), a slightly younger brother to Blockbuster in the retail industry, has gone up for sale. The book store firm's stock moved up 30% after hours ...
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Who Will Replace NBCU’s Jeff Zucker?

Jeff Zucker's departure as GE's (NYSE: GE) NBC Universal CEO is among the worst kept secrets in the history of Hollywood.  What remains a mystery, however, is who would want ...
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Latest Oil Collection Hope Is For “The Whale”

The US Coast Guard and BP plc hope that a massive Taiwanese tanker fitted with special oil collection equipment can skim massive amounts of crude from the surface of the ...
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The E-Reader Business Is No Business At All

Amazon.com Inc (NASDAQ: AMZN) cut the price of its basic Kindle e-reader to $189 from its current price of $259 and Barnes & Noble (NYSE: BKS) cut the price of ...
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BP: Oil Consumption In 2009 Dropped First Time Since 1982

BP plc (NYSE: BP) has found a place in the oil business beyond being one of the largest polluters in the industry's history. The company released extensive numbers on the ...
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BP plc (BP) Shares Plunge 13%

Shares of BP plc (NYSE: BP) fell as much as 13% in Europe, their largest drop in 18 years, on news that the company's "top kill" effort had failed and ...
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NOAA Shows Spill Moves Deeper In Gulf And Toward Florida

New maps from the NOAA show the spill from the Deepwater Horizon spreading toward Cuba and the southern tip of Florida. The leak has now been pumping roughly 15,000 barrels ...
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Deepwater Horizon Spill Hits More Gulf Coast Shores

More oil moved ashore from the leak of the wreck of the Deepwater Horizon rig. Some scientists believe that the amount of crude being released each day-5,000 by NOAA estimates--is undermeasured ...
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Oil Down, Gasoline Prices Up

The highly regarded Lundberg Survey said that the price of regular grade gas rose 7 cents in the last two weeks to $2.92. The average price of premium was up to ...
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The Core Problem With Compensation: Gannett’s CEO Gets A Raise

Gannett (GCI) is part of the crumbling newspaper industry. It has not gotten its online properties to nearly match the revenue of its traditional print operations, so the firm is ...
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