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Politics : Formerly About Advanced Micro Devices
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To: J_F_Shepard who wrote (730778)8/5/2013 10:46:01 AM
From: one_less   of 1576972
 
Wake up call to MSM.
The Boston Globe has been sold to Red Sox owner John Henry for $70 million in cash, a fraction of the $1.1 billion paid for it by the New York Times Co. in 1993.

http://www.latimes.com/business/money/la-fi-mo-boston-globe-sold-20130803,0,290959.story

Check, Please: Huffington Post Sold to AOL for $315m

With the sale of the website that only began life in 2005 for $300m in cash and $15m in shares, the creation of a new media giant will send shockwaves through established news groups still struggling to understand the uncharted territory of online news.

https://www.commondreams.org/headline/2011/02/07
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