A look at the downward spiral of the newspaper industry in the 21st century.
Because no news is bad news
Wednesday, April 7, 2010
Blackstone Buys Stake in India Paper as N.Y. Times Bets on Ipad
Blackstone Group LP, the largest private-equity firm, is investing in a Hindi-language broadsheet to benefit from a surge in readership in India as print advertisement sales in the U.S. fall to a 26-year low.