Entries from BatesLine tagged with 'Independent'

Buying newspaper by the £

This is a rather astounding illustration of the state of the newspaper business. Earlier this week, Russian billionaire Alexander Lebedev purchased the Independent, a 24-year-old nationally circulated British newspaper, for £1 (about a buck-fifty). In exchange for that small change, he gets the daily and Sunday newspaper, plus all of...

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Posted by Michael Bates on March 27, 2010 1:30 AM

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