Personal Wealth, Capital Investments and Philanthropy
A Surge in Local TV Acquisitions Puts More Stations in the Hands of a Few
Historic Deals of Major U.S. Newspaper Companies
What’s Behind The Washington Post Sale
The stunning sale of The Washington Post to Amazon.com billionaire Jeff Bezos says something important about the economics of the Post itself, the continuing struggles of the newspaper industry and the market value of some of America’s great metro dailies. A Pew Research Center report provides the numbers that help put the $250 million deal into context.
Newsweek By the Numbers
After a few very difficult years, Newsweek magazine, which sold for $1 three years ago, may be up for sale again. A Pew Research Center analysis of news magazine economics in the past half dozen years finds that in a difficult period for newsweeklies in general, the turmoil and decline at Newsweek has been particularly noteworthy.
Newspapers: Stabilizing, but Still Threatened
If the newspaper industry had theme music in 2013, it might use “Been down so long it looks like up to me,” the much-recycled line from a 1920s blues song. For the first time since the deep recession that began in 2007, newspaper organizations have grounds for a modicum of optimism.
News Corp Split, Buffett’s Bet Top Year of Big Media Ownership Changes
Reports that News Corp is spinning off the publishing division cap a year of major changes in news industry ownership. It was the busiest time for newspaper sales since 2007 and witnessed the single largest local TV acquisition in four years. Visit PEJ’s interactive database, to explore financial statistics on more than 4,000 radio and TV stations, newspapers and news websites.
Facebook IPO Not Selling on Social Media
The Facebook IPO was a hot topic on blogs, Twitter and Facebook last week with doubts about the stock’s value exceeding bullishness on the investment. And the topics of conversation—which ranged from Facebook CEO Mark Zuckerberg’s wedding to co-founder Eduardo Saverin’s citizenship—varied by social media platform.
Who Owns the Media
An interactive database of companies that own news properties in the United States. Use the site to compare the companies, explore each media sector or read profiles of individual companies.
The Wall Street Journal under Rupert Murdoch
Although the scandal enveloping Rupert Murdoch’s media empire has focused on his British properties, it has also put News Corp’s. U.S. outlets under a brighter spotlight—particularly the prestigious Wall Street Journal he acquired by purchasing Dow Jones for $5 billion in 2007.