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    • Chicago Tribune and LA Times Acquired for $8 billion

      Posted by Jeff from Bloomberg

      Chicago-based Tribune, which spent six months looking for a buyer, chose a deal with a local investor rather than a similar offer from California businessmen Ron Burkle and Eli Broad. The company will take on $8.4 billion in debt to fund the $34-a-share offer. Zell said he will pay down debt by selling the Chicago Cubs baseball team.

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    • Newspaper circulation drops nationally

      Posted by Jeff from Seattle Post-Intelligencer

      Daily circulation fell 2.8 percent at U.S. newspapers in the six-month period ending in September, an industry group reported Monday, the latest sign of struggle as newspapers try to hold on to paying readers. Sunday circulation fell 3.4 percent in the same period, according to the Newspaper Association of America's calculations of data supplied by the Audit Bureau of Circulations.

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    joefriday comments on:

    Google To Digitize Millions of Old Newspaper Pages

    LOL  , wow , just when you thought there couldnt be any more info that the web could provide, now "G" has coe up with this master pan to rule the wold with even more useless information to freeze up our hard drives.

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    3:46 am 9/27/08
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    Jon comments on:

    NY Times to stop charging readers for TimesSelect content

    I hope this is true -- it would be really nice to have Paul Krugman's columns back on the free internets!

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    9:17 pm 8/07/07
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    Jeff

    Member since Dec 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle