'Your papers, please' must never be heard in America
Independent voices from the TWT Communities
To hear the Sage of Omaha tell it, newspapers may not be dead after all.
Disney movie-studio boss Rich Ross stepped down on Friday, taking the fall for at least a couple of overbudgeted bombs as Hollywood shies away from taking risks on blockbusters.
Disney movie studio boss Rich Ross stepped down on Friday, taking the fall for at least a couple of over-budgeted bombs as Hollywood shies away from taking risks on big blockbusters.
It's losing business to Google and Facebook. Its stock has gone nowhere since 2008. It just announced its fourth CEO in five years. It's enough to make investors replace the exclamation point in the logo with a question mark.
After months of being courted by technology giants and TV signal providers, online video service Hulu is no longer for sale, its media company owners said Thursday.
Despite Mr. Buffett's enthusiasm, Ms. Martin said most of Wall Street has lost confidence in the newspaper industry.
"It may be that some of his motivations are not perfectly economic," she said. "He's the smartest investor of all time. But this is a non-consensus investment that he's making right now."