Hey, New York Times Corporation is now worth less than what they bought the Boston Globe for.
I know he’s not really of “the MSM”, but nonetheless....
.....Bill Ziff (RIP) had the foresight to dump his consumer pubs (Car & Driver) in the 80’s - and immediately turn to computer pubs.
Then he sold the computer pubs 10 years later, just as the WWW was becoming known and the death of print predictable.
The man had tremendous foresight, and the McClatchy family should have followed his example. The idea of investing in print right up to 2006 shows staggering incompetence.
Oddly enough one of the McClatchy boys worked at a Ziff computer pub when Bill Ziff was still around.