Gannet, the largest newspaper owner in the country, has become the hunted. According to The Week, hedge fund Alden Global Capital has made a move to purchase Gannett. Large publications such as USA Today, The Arizona Republic, the Milwaukee Journal Sentinel and The Cincinnati Enquirer are published by Gannet. Alden is looking to add more newspapers to the roster of its… Continue reading Journalists shouldn’t lose jobs in growing market
Tag: Business
Pandora sold to SiriusXM for $3.5 billion
Satellite radio juggernaut SiriusXM has bought internet radio giant Pandora for a whopping $3.5 billion. According to Loudwire, the transaction, which took place on Sept. 24, will see two music-dependent radio giants join together and create the largest audio entertainment company in the world. Pandora tested the waters of the merger by taking up a… Continue reading Pandora sold to SiriusXM for $3.5 billion
Valentine’s Day: A holiday of love or a holiday of money?
Valentine’s Day is drawing close. Cards, heart shaped balloons and chocolate candies line the shelves of many stores. It’s a holiday all about showering the most important person in your life with love, right? Not so much. According to the National Retail Federation, American’s are expected to spend almost $20 billion dollars on valentines related… Continue reading Valentine’s Day: A holiday of love or a holiday of money?
AT&T–Time Warner “mega-deal” could face opposition from president
Prior to Donald Trump receiving the presidential vote, AT&T was set to buy out Time Warner Inc. for $85.4 billion, effective by the end of 2017. AT&T, the popular wireless carrier provider, has made statements announcing their intention to buy-out Time Warner Inc. The merger was set to be finalized by the end of 2017.… Continue reading AT&T–Time Warner “mega-deal” could face opposition from president