Jim Stewart on the NYT’s Future Following the WaPo Sale

I was lucky enough to study with Jim Stewart at Columbia this year, and I always look forward to reading his New York Times column, called “Common Sense.” In his stories, Stewart often examines complex business and economics issues by focusing on facts and evidence and questioning conventional wisdom. His latest column, which ran Friday, […]

Bezos Paid 17 Times Adjusted Profit for the Washington Post

Bloomberg reports today: Jeff Bezos’s purchase of the Washington Post may look like a steal, yet it came at a rich valuation that newspapers such as the New York Times Co. (NYT) may only dream of obtaining. The founder of Amazon.com Inc. (AMZN) plunked down $250 million for the Post newspaper division, about 17 times […]