Private Equity
2 min read · 06 November 2008
It's hard enough to get the attention of cash-strapped media companies these days, but when their mogul CEOs head toward divorce court, you know it's curtains on acquisition talks for a while. Such could be the case with Viacom's Sumner Redstone and New York Times Co. publisher Arthur Sulzberger Jr., both of whom are splitting from their longtime wives (well, less longtime in Redstone's case). But I don't want to give away too too much! To test your knowledge of media moguls and the women they've divorced (or will soon)...
1 min read · 05 November 2008
1 min read · 05 November 2008
3 min read · 05 November 2008
David Knight is either crazy like a fox, or just plain crazy. As the country moves inexorably toward the worst recession in roughly 20 years, Knight is gambling on a big idea, literally. Think 40-foot-wide, 22-foot-high HDTV screens -- the largest LED screens ever produced -- for which his company is paying $1.5 million a pop.
3 min read · 31 October 2008
3 min read · 31 October 2008
Yesterday, I wrote a story about JuicyCampus.com, an online free-for-all where anonymous users can post anything disparaging about any college student they choose and apparently face no recourse. I observed that the 14-month-old's site's traffic was declining, despite its expansion into 500 campuses across the country; I hoped it meant that users had been turned off by what they were reading. Unfortunately, it seems that my traffic sources -- Alexa and Compete.com -- were way off. I know this because I just received an incongruously professional letter from the site's public relations firm, stating their surprise at my premise that people have begun eschewing JuicyCampus's forums. "It might be helpful to see the 'actual' numbers vs. the 'estimated' numbers provided by Alexa and Compete," reads the firm's note. "As the enclosed information from Google Analytics shows, the numbers you cite
1 min read · 30 October 2008
2 min read · 30 October 2008
1 min read · 30 October 2008
2 min read · 29 October 2008