Newsonomics: Flipping Newspapers in the New Game of Monopoly

How far has the newspaper trade fallen?   RELATED ARTICLE As giant platforms rise, local news is getting crushed September 1, 2015     It’s been another depressing year for those who value robust local news. Yet Sheldon Adelson’s reluctant outing as the new owner of the Las Vegas ...

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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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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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Cerberus, Apollo Bidding for Digital First Media

First published at Capital New York   After one cost-cutting private equity company has spent close to half a decade wielding the knife at Digital First Media, how many new “efficiencies” might a second P.E. buyer find? That’s the question we may soon see answered, as the sale of Digital ...

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