Comments on: BusinessWeek's Fire Sale Nets McGraw Hill $5.9 Million, or $15,000 Per Staffer

By: Newsweek’s Deal is Done; Employees Gather to Hear Their Fate | Peter Kafka | MediaMemo | AllThingsD

Mon, 02 Aug 2010 21:20:24 +0000

[...] Guide paid for that pub, while Bloomberg paid a comparatively rich $5 million plus liabilities for BusinessWeek. (Sorry about lowballing the Bizweek price in a previous edit). Serious question: What does Allen [...]

By: BusinessWeek Gives McGraw Hill a (Small) Going Away Present | Peter Kafka | MediaMemo | AllThingsD

Tue, 26 Jan 2010 16:20:11 +0000

[...] than McGraw-Hill expected: Bloomberg ended up paying $10.5 million for the weekly, instead of the $9.3 million it had previously told investors to expect, the publisher reported [...]

By: Ex-BizWeek Editor John Byrne’s New Company Has a Name, But No Product | Peter Kafka | MediaMemo | AllThingsD

Tue, 01 Dec 2009 17:41:13 +0000

[...] the wake of Bloomberg’s purchase of BusinessWeek, longtime BW veteran John Byrne is leaving his job running the company’s Web site and will [...]

By: BusinessWeek’s Future is Cloudy, But Better Than it Could Have Been: The Grim Non-Bloomberg Scenario | Peter Kafka | MediaMemo | AllThingsD

Fri, 30 Oct 2009 18:27:13 +0000

[...] The insult-to-injury kicker: Under ZelnickMedia’s proposal, it wouldn’t pay a dime for the publication it intend to rebuild. Instead, McGraw-Hill would pay the fund to take the publication off its hands. If that sounds implausible, consider that McGraw-Hill just announced that it will save up to $25 million next year by not owning the title. [...]

By: Flagship Magazine Heads to the Bone Yard : Beyond Search

Flagship Magazine Heads to the Bone Yard : Beyond Search — Tue, 27 Oct 2009 06:03:45 +0000

[...] Maybe scrap. Pence on the pound they are.” I thought about this bone yard example when I read “Business Week’s Fire Sale Nets McGraw Hill $5.9 Million, or $15,000 Per Staffer.” Properties change hands frequently. What struck me about this particular transaction is that [...]

By: Dave Barnes

Dave Barnes — Mon, 26 Oct 2009 14:46:34 +0000

Bloomberg lunch money.