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Media | New York Post
Media | New York Post
Journalists pray for miracle to stave off Tribune takeover by Alden
Now that talks have broken off between Tribune Publishing and hotel magnate Stewart Bainum, the newspaper company’s journalists are hoping for a miracle to derail a $634 million bid by cost-cutting hedge fund Alden that will give it control of the New York Daily News, the Hartford Courant, the Chicago Tribune and other Tribune papers....
nypost.com
Institutional Investor’s top editors jump to London-based rival
Institutional Investor, the flagship publication of publicly traded Euromoney Institutional Investor PLC, has lost its top two editors to another London-based rival looking to expand its US offerings. Kip McDaniel, the editor-in-chief and chief content officer of Institutional Investor for the past four years, turned in his resignation on Monday, sources tell Media Ink. He...
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nypost.com
Time running out for Stewart Bainum’s bid as Tribune sets May 21 vote
Time is rapidly running out for hotel mogul Stewart Bainum to play white knight for the New York Daily News and other newspapers in the Tribune empire. The special committee overseeing competing bids to buy the publisher have set May 21 as the date for shareholders to decide who will own the Chicago Tribune, the...
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nypost.com
Netflix stock drops 10% as new subscribers fall short
Shares of Netflix were walloped on Tuesday after the company said it added 4 million net subscribers globally in the first three months of the year, falling short of Wall Street’s expectations of 6.2 million new subscribers. The streaming giant behind hit shows like “Bridgerton,” “Cobra Kai” and “Big Mouth,” disappointed investors further when it...
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nypost.com