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Sightings (2)

Spotted around the media universe

NYT Co. Cuts Its Dividend - Posted November 20, 2008
Finally! Michael Calderone is reporting that after months of being pressured to do so, the NYT Co. has decided to slash its quarterly dividend from $.23 to $.06 a share. Perhaps all it took was yesterday's severe tumble in shares (to their lowest point in decades) or maybe it... [FishBowlNY]

The Rise and Fall of New York Newspapers: WSJ Up, NYT Down - Posted July 16, 2008
The demise of the newspaper industry may be imminent but that isn't stopping Rupert Murdoch from expecting Wall Street Journal readers to cough up an extra fifty cents for his (newly improved?) paper. Starting July 28 the paper's price will go from $1.50 to $2.00. Rupe is not shy... [FishBowlNY]