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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 and The Economist for sky-high prices? more

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