Far from Dead: The Case for 3 Newspaper Stocks [View article]
My hometown paper the San Jose Mercury News is privately held by MediaNews Group, and it is a great paper. I made $ going in and out of the Zell takeover, and I'm ashamed I did it. the LA Times is(/was?) a great paper. As for Newscorp goal to 'increase govt-politics coverage' @#$#$@^%%^&*^*= be v v afraid...The only news I pay for is the Merc (delivered); I enjoy NYT and WPost free online. Point being? I'm no expert. Apparently a) an American style stockmarket can annihilate a lot of industries and b) American style democracy depends on a free press (re the potential c)'s to this dangling syllogism, whatever...). I'll never buy a newspaper stock again.
Far from Dead: The Case for 3 Newspaper Stocks [View article]