The Newsonomics of Near-term Numerology
Posted: 10/11/2012 | By: Ken Doctor | Nieman Journalism Lab
Think about this. The Tampa Tribune, a paper that would have been worth hundreds of millions of dollars a decade ago, sold this week for $9 million.
Its seller, Media General completed the disposal of its newspaper
properties, a movement that’s been celebrated by investors, with MEG
moving up about 18 percent in the past month, quadrupling the S&P
500 performance for that period.