Thursday, September 24, 2009
Newspapers to Congress: Please Don’t Give Us a Bailout
The newspaper bailout proposal you may have heard about over the last few months? The newspapers want no part of it, says an industry spokesman.
That said, the industry wouldn’t turn down some help from Congress, says John Sturm, CEO of the Newspaper Association of America. He is testifying before a joint committee this morning.





A new series of reports argues that billionaire David Geffen doesn’t want to make money by investing in the New York Times–he wants to save it. Fair enough. But how exactly does he plan to do that?