In the October issue of Portfolio magazine, an article by Sheelah Kolhatkar covers at some length the recent investment in the New York Times by Harbinger Capital Management, a hedge fund founded by the Harbert family of Alabama. The article is fascinating for a variety of reasons, among which is the internal family issues surrounding [...]
With the well-documented problems plaguing both Midwestern dailies, it’s a toss-up as to which metro market will lose its daily newspaper first, Minneapolis or Chicago. The Newsosaur Alan Mutter has another great post today on the vastly different approaches that Rupert Murdoch and Sam Zell have taken since both acquired their newspapers roughly 6 months [...]