Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Scanning The Headlines

Posted by: Jon Fine on October 26, 2006

Three random media media headlines of the past 24 hours or so, lightly edited for clarity:

Welch, Others, Mull Private Bid For NYT’s Boston Globe (Parenthetically: The Boston Globe may be the albatross around the New York Times Co.’s neck right about now. But the idea that the Times will sell it for the reported $550 million to $600 million, or more or less precisely one-half of what the Times Co. paid to buy it in ’93—-well, that’s just crazy-talk.)

Clear Channel Chews Over Going Private

Gatehouse Publishing. A Company Wholly Composed Of Tiny Newspapers And Whose Primary Growth Strategy Involves Buying More Of Them, Sees Stock Spike Something Like 20% In First Day Of Trading.

The instructive moral lesson, of course, is that public ownership of media companies no longer makes any sense.

Except when it does.

Reader Comments


October 26, 2006 7:12 PM

I would hate to see the Globe owned by the likes of Jack Welch. The censorship that resulted from GE's purchase of NBC was blatant.

Post a comment



The media world continues to shapeshift as new forms arise and old assumptions erode. On this blog, Bloomberg Businessweek will provide sharp analysis and timely reports on the transformation of this constantly changing terrain.



BW Mall - Sponsored Links

Buy a link now!