Media

Media Digest 7/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

NewspaperAccording to Reuters, KKR will go public on the NYSE at a valuation of $15 billion.

Reuters writes that the production problems with the Airbus 380 are not over.

The Wall Street Journal writes that the SEC will try to expand its rules limiting short selling and increase them to more stocks.

The Wall Street Journal reports that the FCC will rule against Comcast (CMCSA) for restricting video file sharing on its network.

The Wall Street Journal reports that Chrysler may face interest rates 2% higher than it is paying now to refinance $30 billion in working capital this week.

The Wall Street Journal reports that Motorola (MOT) is reorganizing one of its business units to make it easier to sell some of the pieces.

The Wall Street Journal reports that a new search engine, Cuil, has been started to compete with Google (GOOG).

The Wall Street Journal says the SEC is looking into four rumors that hit Lehman’s (LEH) stock.

The New York Times writes that a small firm, Verve Wireless, is trying to help the newspaper industry by making papers mobile.

The FT says the ad slowdown is not spreading to most major media.

Bloomberg writes that Lehman (LEH) has been hit hard compared to other Wall St firms by the highest cost of borrowing since 2000.

Douglas A. McIntyre

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