Another advertiser has filed suit against the Minneapolis Star Tribune, charging that the daily newspaper fraudulently inflated its circulation numbers in order to bolster its advertising rates. The plaintiff, a car dealership, is seeking class action status so that other advertisers in the paper between 2001 and 2006 can join the suit. This is the [...]
Congratulations to Ali Selim and his film Sweet Land. On Saturday, Ali received a Film Independent Spirit Award for Best First Feature, and if you have not yet seen the film, I would highly, highly recommend it. The film tells the story of a German mail-order bride’s arrival in a small farming community in rural [...]
For over 30 years, the General Social Survey is sent out to about 3,000 adults in the U.S. in order to asses trends, behaviors, and attitudes of Americans. With 450 questions, the survey covers a diverse set of issues, ranging from belief in the afterlife (steady at 72%) and trusting others (35% said that generally [...]
As is typical, the editorial page of the Wall Street Journal could not have missed by a wider margin on its assessment of the recent issues surrounding Viacom and online video. In the article ‘Content Will Always Be King’ (I’d link to it but WSJ.com only allows paying subscribers to access its articles), Paul Vigna [...]
In yesterday’s Wall Street Journal, it was reported that Panmure Gordon & Co., a London-based stockbroker, is buying ThinkEquity. In the article, it stated that ThinkEquity ‘nominally booked $2.8 million in profit,’ but the profit excluded debt interest payments and bonuses owed to employees. Based upon what I remember from business school, I’m pretty sure [...]
Fred Wilson, a partner at Union Square Ventures, wrote an excellent post today on being patient as an investor in start-up companies. It is a terrific read for anyone in venture capital, private equity, or start-up companies, and I would highly recommend reading it at least twice.
Tags: Fred Wislon, Union Square Ventures, Private [...]
Yesterday, it took me only 4 minutes and 32 seconds to read the paper. It was the thinnest paper I can remember in a long time. Today, there was a very good editorial on legislative efforts to block the $2.3 billion loan boondoggle to DM&E railroad (the fact that this loan/subsidy/pork ever saw the light [...]
As a huge proponent of satellite radio, and a very happy customer of both companies (I use Sirius most of the time, but bought an XM portable when it beat Sirius by developing the first portable device), I hope that the announced merger this week is approved by regulators. From what I have read, the [...]
Despite all the abuse newspapers have taken recently, the global newspaper business is still a $180 billion industry and generates more advertising revenue than radio, outdoor, cinema, magazines, and the internet combined, at least according to the World Association of Newspapers (WAN). A great article on followthemedia.com highlights a recent report from WAN that provides [...]
I know most blogs in the recruiting space have included posts about the Monster options backdating scandal, and I have no news to add to the discussion, but the uproar against corporate malfeasance should be loud, emotional, and constant. People and companies who break the law and cheat employees, customers, shareholders, the community, or any [...]