That’s the trend, but consider that selling the WaPo for “only” $250M a dozen years ago would have been a steal. My local rag is published by a broke outfit that owns 237 daily newspapers and a bunch of other crap, yet the enterprise value of the whole shooting matching match is less than $4 Million. Literally pocket change for a new owner, but who’d want it?
Yes, who would want it. I agree.
He could have had the Boston Glob for only 93 million.