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24/7 Wall St. completed an analysis of newspapers websites for the years 2008 and 2009.  We have added magazines to this analysis because print media clearly faces potential extinction if it cannot...
Reuters:   California declared a financial emergency. Reuters:   An SEC attorney raised concern about a Madoff report in 2004. Reuters:   Auto parts supplier Lear filed for bankruptcy....
Reuters:   Obama proposed sweeping reform for financial industry. Reuters:    A number of large banks repaid TARP. (JPM)(GS)(BBT)(COP)(STT)(AXP)(USB) Reuters:   Consumer prices show inflation...
No one should have to tell the US government that it has the highest possible credit rating. It is the government of the world’s largest economy, the world’s most voracious consumers, and its...
The May 11 issue of Fortune Magazine is a perfect demonstration of what the three largest business magazines have done for decades. Its cover story, “How Bernie Did It’ is the culmination of a...
There are not so many brokerage calls this morning for it being earnings season, but these are the top 10 analyst calls of upgrades and downgrades from Wall Street we have seen early this Friday...
According to Reuters, Goldman Sachs (GS) would like to return to its old businesses and compensation practices, but it may not be able to. Reuters reports that the US is planning to reveal the...
If you have read us for a long period of time, you know exactly how we feel about the ratings agencies.  We attribute much of the blame of the current financial crisis to their practices and the...
The downturn in newspaper ad revenue has gone from awful to extraordinary. Gannett (GCI) told analysts that sales at its flagship USA Today paper could be down as much as 35%. That would certainly be...
According to MINOnline, advertising pages in major monthly magazines are down 20% for issues from the first two months of this year. One of the most popular weeklies, The Economist, suffered ad pages...
From time to time, corporate public relations departments put out information that they later regret having released. To draw attention to their troubles, they issue a second release which has the...
The rallying cry for magazine and newspaper executives is "Cut print costs, rely on the web." It makes all the sense in the world. Printing, paper, postage, and other transportation costs keep...
We are seeing a historic event, and one which may outline the future of books.  Google (NASDAQ: GOOG) has reached a settlement over its dispute with The Authors Guild and the Association of American...
There are no Wall Street analysts who believe that newspapers will recover from the ongoing financial crisis. Publishers have argued that housing, employment, and car markets were the cause of their...
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15 million. Alley Insider...