Why rich people are investing in newspapers, again

Andrew Beaujon @ Poynter - TV / Radio - on 21/5/12

by Andrew Beaujon Published May 21, 2012 11:37 am Updated May 21, 2012 11:54 am In March, Chris Hughes Loading... paid around $5 million for a majority share of The New Republic Loading... . On Sun...
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In March, Chris Hughes paid around $5 million for a majority share of The New Republic. On Sunday The New York Times reported he’d be doubling the magazine’s staff and hiring former editor Franklin Foer to edit the magazine… Read more.

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Chicago Sun-Times, Warren Buffett, Richmond Times-Dispatch, Media General, The New Republic, Chris Hughes, Franklin Foer, The Tampa Tribune, The New York Times, Facebook, Brian Tierney, Erik Wemple, William Randolph Hearst, Tampa Bay Times, Mark Zuckerberg, Jack Shafer, The Daily News, The Philadelphia Inquirer, Winston-Salem Journal, The Washington Post

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Why rich people are investing in newspapers, again

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