Washington Post-owned Slate Group is closing down The Big Money, the business commentary spinoff it launched two years ago, saying the site wasn’t profitable. The belief when The Big Money launched in 2008 was that the financial crisis augered well for a business media site with Slate‘s...
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Some of the stories people are talking about this morning:
» The Washington Post Co. (NYSE: WPO) is desperate to unload Newsweek magazineR...
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Scribner and Simon & Schuster Digital began selling an “enhanced e-book” of Rick Perlstein’s best-selling doorstop, Nixonland, in the Apple (NSDQ: AAPL) iBookstore and on Amazon (NSDQ: AMZN) on Thursday. The title, which was already available in an Amazon Kindle version, represents the first test of whether Apple can challenge...
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The first half of the year for Reed Elsevier (NYSE: RUK) saw ad dollars stabilize, though executives expressed a greater degree of caution regarding th...
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United Business Media (LSE: UBM), the owner of PR Newswire, turned in decent results for the first half of 2010 and is maintaining a cautious yet stable outlook for the second part of the year. Meanwhile its print properties turned in a mixed performance, while its online holdings remained solid. Separately, a...
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A few days after its newspaper sibling A.H. Belo (NYSE: AHC) reported narrowing its losses, local broadcaster Belo Corp. (NYSE: BLC) posted some very healthy profits and revenue numbers. Among them was a 14 percent jump to $8.1 million in online revenues tied to its 20 TV station...
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In its attempts to find a buyer for Newsweek, The Washington Post Company (NYSE: WPO) has been said to have hardly given a thought to bids from entities considered too conservative or too tawdry, but it looks like an offer to buy the magazine from an audio equipment impresario appears to be...
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It looks like News Corp (NSDQ: NWS). accelerating its plans for how best to make use of its last month’s acquisition of the Skiff e-reading platform and the stake it took in the Steve Brill/Gordon Crovitz paid content start-up Journalism Online. The company is considering whether to create a dedicated...
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MTV has reorganized the heads of its Integrated Marketing Group with the return of MySpace (NSDQ: NWS) sales executive Angela Courtin to the Viacom (NYSE: VIA) company. Courtin will serve as SVP, MTV Integrated Marketing. In conjunction with the new hire, MTV also promoted Jeannie Scalzo to SVP, MTV Integrated...
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As expected, Forbes is shuttering the True/Slant site this weekend, according to the posts of several contributors. As Fishbowl NY noted, all of the reader farewells penned by T/S contributors say that they hope to working on a new “undisclosed” project. The not-too-well-veiled hint is that it will be on Forbes’ site....
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