comparemela.com

Latest Breaking News On - Sally forrester - Page 1 : comparemela.com

Transcripts For CNNW Your Money 20130810

Up prices in the city. Your starts right now with that. So you heard that newspapers are dying. So why are billionaires buying . Im john berman in for Christine Romans and this is your . So remember these . This is a newspaper. Maybe youve never flipped through one. Maybe your kids have never seen them but newspaper readership is falling. Print ad dollars drying up and digital ads cant fill the hole fast enough. For every 15 newspapers lose in print revenue, they gain just 1 in online revenue. The Business Model clearly struggling and price tags flu plummeting so enter the billionaire buyer. 70 million bucks is how much john henry paid for the boston globe. 334 million is how much Warren Buffett spent on 28 daily newspapers according to the companys 2012 an all report. Buffett has bought more papers this year and then theres the amazon founder shelling out 250 million for the Washington Post. 1 of his personal fortune. As our jim accosta reports, billionaires have gone shopping in amer

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.