June 14, 2013 |
Octogenarian media mogul Rupert Murdoch began his rise to global power and riches when, at 21, he inherited his father's newspaper business in Australia. Under his tough hide, Murdoch has had a soft spot in his heart for newspapers ever since, which is why he is splitting off the publishing side of his empire from the entertainment side. At Murdoch's urging, News Corp shareholders have approved the division. Remaining under the News Corp umbrella will be 120 newspapers, including the Wall Street Journal, the New York Post, The Times of London and the Australian, plus HarperCollins book publishers.
March 18, 2009 |
In an effort to help struggling newspapers stay in business, House Speaker Nancy Pelosi is asking the Justice Department to broaden its view of media competition when reviewing merger proposals. Pelosi sent a letter to the Justice Department on Monday saying any antitrust concerns that arise from proposed mergers between newspapers should take into account online news sources and nearby daily and weekly papers "so that the conclusions reached reflect current market realities." The Hearst Corp.
July 13, 2012 |
Billionaire investor Warren Buffett had opinions to spare Friday, when he dished on JPMorgan's Jamie Dimon, Wells Fargo's home lending prowess, the future of the euro and newspapers, Facebook and more. “I've had enough mistakes of my own that I'm very forgiving when something like that happens,” said the Berkshire Hathaway chairman of JPMorgan Chase & Co.'s huge trading losses. Banks, Buffett said, are by their nature risk-takers - it's how they earn returns for their clients.
February 19, 2013 |
Somebody still enjoys getting the newspaper delivered in Gettysburg, Pa., where the "smack" of the bundle landing on the ground was so loud that it prompted a Gettysburg College student to report gunfire on campus. Before you could say "stop the presses," safety officials had locked down the campus in the city famous for the bloody and pivotal Civil War battle. Thankfully, this time there were no shots fired -- just copies of newspapers landing outside shortly before dawn on Saturday.
CALIFORNIA | LOCAL
April 17, 2011 |
Newspapers owned by Los Angeles Times Media Group won 15 awards Saturday at the 2010 Better Newspapers Contest, a yearly competition held by the California Newspaper Publishers Assn. The Los Angeles Times, Burbank Leader, Daily Pilot, Huntington Beach Independent and La Cañada Valley Sun were presented with the awards at the organization's annual convention in Los Angeles. The Los Angeles Times placed first in several categories, including investigative or enterprise reporting, writing, breaking news photo and feature photo.
July 17, 2011 |
A few years ago my old boss, David Laventhol, had an extended conversation with Rupert Murdoch about newspapers. It was after some sort of big-deal journalism dinner, and they talked long after the tired waiters wished they'd go. David had a storied career in newspapers. He helped invent the Style section of the Washington Post when he was a young editor there. He was editor and publisher of Newsday, publisher of the Los Angeles Times and president of Times Mirror, finishing his career with me at the Columbia Journalism Review.