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Mexican Billionaire To Buy Stake in New York Times
Carlos Slim, one of the richest men in the world, will be investing $250 million dollars in the New York Times.
The Mexican billionaire is reportedly in discussions with the paper about the terms of a potential investment, The Wall Street Journal reports.
New York Times Co. reached a deal with Mexican billionaire Carlos Slim to raise [...]
Journalism Bailout May Come To A Paper Near You
Several have predicted that there will be some kind of Government intervention in the media industry in 2009 as traditional media continues to struggle. Though it is unclear as to President-Elect Barack Obama’s views on such a move, many see a clear need for a bailout.
Back in November, Connecticut State Representatives petitioned the sate to [...]
