Vinit Bharara’s Some Spider Begins to Weave Its Web

Several months ago, Vinit Bharara, founder of the digital media publisher Some Spider, bought the pre-K-oriented website Scary Mommy (“A parenting website for imperfect parents”) as a base for serial niche-site reproduction. The mommy site, which was founded by Jill Smokler, has already ...

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Newsonomics: Buying Yelp — and Making It the Next Core of the Local News and Information business

Yelp’s for sale, and the news has generated the usual, now-tiresome lists of potential buyers: Google, Amazon, Apple, Yahoo, Facebook. It’s like all the money in the business world slid off one end of the table and sluiced down to Silicon Valley. Forget the old spend-a-week-without-the-Internet ...

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The Great Devaluation of the American Daily Newspaper

James Dolan surprised many casual observers of the flailing newspaper trade when he suggested he might bid on the for-sale New York Daily News—and offer a dollar. But the dollar is a good proxy for the familiar question mark, as in who the hell knows what a newspaper property is worth these ...

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What Are They Thinking? Austin Beutner’s California Turnaround Plan

He’s only been a publisher for nine months, but now Austin Beutner will command southern California’s top two dailies, after Tribune Publishing finalized a purchase price of $85 million for the biggest newspaper company to its south, UT San Diego, last week (“Newsonomics: Tribune Publishing ...

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Inside Google’s €150 Euro News Adventure

In a move meant to blunt escalating European Union action against Google’s marketplace dominance, Google will tomorrow announce a €150 million partnership, to be spent over three years, in support of something called the Digital News Initiative (DNI), I’ve learned through several confidential ...

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Newsonomics: Wall Street Journal Redesign a Step in Its Digital Catchup

Don’t just call it a redesign. The Wall Street Journal, like Bloomberg before it a couple of months ago, wants you think about more than appearance, which “redesign” implies for many. You might call the new Journal a multi-platform rejiggering. Importantly, it represents the first major, uh, ...

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What Are They Thinking? Eight Principles for Mathias Dopfner’s Transformation of Axel Springer

Mathias Döpfner wants you to know that Axel Springer is a player—in the U.S., and worldwide. The C.E.O. of what is likely Europe’s largest digital media company already has transformed his heavyweight German publishing Haus, turning it into a globe-spanning media player. Springer’s investments ...

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Newsonomics: Why The Economist Decided Now’s The Time to Speak Chinese

The Economist is launching its new Global Business Review (GBR) today, and the Chinese/English product marks a small but important new test of Paywalls 2.0 — the creation of new paid digital products short of a full digital subscription to an existing print-based product. The New York Times is ...

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Newsonomics: A Coast-to-Coast Newspaper Shuffle Is Taking Shape

From coast to coast, the spring scent of newspaper transactions hangs in the air. The big one — Apollo Global Management’s purchase of Digital First Media — is nearing completion. Meanwhile, sellers from New York City to southern California test the mettle (and wallets) of would-be buyers. ...

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What Are They Thinking? Tribune in Final Bidding to Buy U-T San Diego

Tribune Publishing is one of three final bidders on the acquisition of U-T San Diego, the entity formerly known as the San Diego Union-Tribune, according to several confidential sources. For Tribune Publishing, spun off from Tribune Broadcasting six months ago, San Diego—California’s second ...

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