CNNW Your Money August 10, 2013
Up prices in the city. Your starts right now with that. So you heard that newspapers are dying. So why are billionaires buying . Im john berman in for Christine Romans and this is your . So remember these . This is a newspaper. Maybe youve never flipped through one. Maybe your kids have never seen them but newspaper readership is falling. Print ad dollars drying up and digital ads cant fill the hole fast enough. For every 15 newspapers lose in print revenue, they gain just 1 in online revenue. The Business Model clearly struggling and price tags flu plummeting so enter the billionaire buyer. 7...