Hedge Fund Wants to Buy Media Company Gannett

Hedge Fund Wants to Buy Media Company Gannett

The newspaper industry has been on a steady decline for two-plus decades now. Advertising revenues are dropping, and people are increasingly turning to alternative sources of news content, including broadcast media and online outlets. And with the papers that remain...
Jeff Bezos Buys the Washington Post

Jeff Bezos Buys the Washington Post

The Washington Post, one of the last family-owned private media companies, is being sold to Amazon.com founder Jeff Bezos.  The post has had shrinking revenue for the last ten years as it struggles to keep up with the rise of social media and mobile consumption.  The...