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Wall Street Walks Away From Newspapers
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Poynter Institute
Poynter faculty quoted in print, broadcast, or online and stories about The Poynter Institute



Why Newspapers are Buyout Targets
By Rob Scherer
The Christian Science Monitor
Published 5/3/2007
 
Excerpt:
"Given the tumult in the industry, nothing would surprise me in terms of buyers and sellers," says Bob Steele, the Nelson Poynter scholar for journalism values at the Poynter Institute in St. Petersburg, Fla. "So many media companies are trying to keep the floodwaters out and save their companies that all sorts of possibilities for financial saviors emerge."
Posted by Poynter Institute 10:27 AM
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