Why are billionaire newspaper owners so damn cheap?
criticalread.substack.com
It’s been a calamitous time in the news business of late, with massive buyouts or layoffs seemingly everywhere you look. The root cause of this misery is generally identified as “economic headwinds” and “lack of effective business models” (or, in the case of The Messenger, clueless dunderheads who were doomed from the get-go.)
Why are billionaire newspaper owners so damn cheap?
Why are billionaire newspaper owners so damn…
Why are billionaire newspaper owners so damn cheap?
It’s been a calamitous time in the news business of late, with massive buyouts or layoffs seemingly everywhere you look. The root cause of this misery is generally identified as “economic headwinds” and “lack of effective business models” (or, in the case of The Messenger, clueless dunderheads who were doomed from the get-go.)