BusinessWeek Lost $16.6 Million in Q1
If you include corporate overhead charges like rent, according to that data, BusinessWeek lost $16.6 million in the first quarter of 2009.
If you include corporate overhead charges like rent, according to that data, BusinessWeek lost $16.6 million in the first quarter of 2009.

It’s also something the industry should look closely at when considering the future path of Twitter and its ability to scale. Even investors in Twitter have been heard saying that it may never scale close to the size of Facebook. However, they also note in passing that it could be as valuable as Facebook, in the sense of providing a valuable service to a smaller user-base (think Craigslist).
The man who took over newspapering in Australia and Britain, and upended the cable news business here, planted a new flag last week, pronouncing that, contrary to popular reports, information does not want to be free; it actually wants to be paid for.
The future, it seems, is not Free...
Yes, the future for BusinessWeek is uncertain and pain is inevitable. But I'll take my chances with a fast company driving these changes. In the end, I'm in full agreement with Terry McGraw: BusinessWeek has no future with McGraw-Hill.
The “Charlie Rose” show, which has taped from Bloomberg’s studios since 1994 but appeared solely on PBS, will now be part of Bloomberg Television, reports Brian Stelter of the New York Times.

Venturebeat and some other pubs started speculating on this when Google announced plans for an OS for netbooks...didn't take long to make it official...
Platinum Equity, the Beverly Hills-based private equity firm, is among the companies meeting with BusinessWeek management to view detailed presentations and financial data for the 80-year-old magazine. Earlier this week, executives familiar with the matter say, representatives from private equity firm Warburg Pincus met with management for such a presentation. Spokesmen from both companies declined to comment. Evercore Partners, the investment bank that is handling the sale exploration process for BusinessWeek's owner, The McGraw-Hill Companies (MHP), earlier this year sold the San Diego Union-Tribune newspaper to Platinum.
Fine covering this is like, well, Richard Perez Pena covering the NYT's tough times...All too common these days...
48% of those surveyed in the US said they trust businesses to do what is right, up from 36% in January when the annual Trust Barometer was issued and trust hit a new low in the wake of the global financial meltdown.
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