when the most committed owners of newspapers start selling off their shares:Donald Graham, the chairman and chief executive officer of Washington Post Co.has sold tens of millions of dollars worth of stock in the past year through a series of trusts he oversees for his relatives. In the process he has decreased his control of the company's publicly traded class B shares to 3.2 million shares, or … [Read more...]
Archives for March 19, 2009
Apparently, the News is Free
Is there anything ironic about National Public Radio canceling its newspaper subscriptions? This is, after all, the member organization that often fund-raises with the line "The news isn't free." … [Read more...]