Pearson's Big Paydays Defy the Odds Against Print Media
from The New York Times
It has been tough sledding for print media. More than 150 newspapers have closed or converted to digital-only offerings in the last two years. Recently the magazine giants Condé Nast and Time Inc. have both cut employees and closed magazines. What, then, to make of the recent sales of
The Financial Times
for sky-high prices?
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