Tuesday, May 28, 2024 May 28, 2024
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IS MARK CUBAN THINKING ABOUT BUYING BELO?

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On his blog, Cuban has a post titled “The Google Brilliance applied to Newspapers and Local Media.” He’s noodling on the value of old-school newspapers–a value that he says those very newspapers are missing. And Wick told me yesterday that “some business guy” told him there were some murmurs about Belo possibly being bought, which this “business guy” said explained Belo’s recent modest gain on the stock market. How’s that for solid, sourced-up, hardcore analysis with multiple sources? You heard it here first.

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