Thursday, March 12, 2009
Video: Eli Broad Explains Why He Wants to Save the Los Angeles Times
Eli Broad is reportedly worth $5.2 billion, down from $6.7 billion last fall. Why does he want to burn more money on a regional newspaper?
Monday, January 19, 2009
Meet the New York Times’s New (Very Expensive) Bank: Carlos Slim
It’s a done deal: Billionaire Carlos Slim has given the cash-strapped New York Times $250 million worth of breathing room. At a very high price. Under terms of a deal announced late Monday night, the Mexican telecom magnate has lent the Times $250 million at 14 percent interest–which means the Times will now have to come up with an extra $35 million each year.
Tuesday, December 23, 2008
How to Dupe The New York Times: A Letter to the Editor
The New York Times has a staff big enough to verify the authenticity of every letter to the editor. But it still got hoodwinked by someone pretending to be the mayor of Paris.
Monday, December 22, 2008
Charlie Rose Gives His Laid-Off Employees an On-Air Salute
There’s no good way to get fired, and a fond farewell from the TV program that just fired you won’t help pay your COBRA. But it’s better than a kick in the pants.
Thursday, December 18, 2008
Barclays: Ad Decline Twice as Bad as We Thought
I keep hearing that 2009 ad plans are in stasis until the end of the holiday shopping season, making any prognostication about next year even more of a guess than usual. But the analysts at Barclays figure they’ve got enough data to revise earlier projections they made this fall. You won’t be surprised to hear they’ve become more negative.
Tuesday, October 28, 2008
New York Times Boss to Staff: Keep Up the Good Work, and We Probably Won’t Fire You
Here’s a nice summation of the state of newspapers today: A pep talk to a newspaper’s staff now consists of a pledge not to fire said staff. That’s what New York Times Executive Editor Bill Keller told his charges yesterday, and even then he couldn’t make the promise ironclad.
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About Peter
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Ethics Statement
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
