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: Instapundit.comSO HOW?S THAT DAILY BEAST / NEWSWEEK MERGER WORKING OUT? ?OK, now they?ve basically killed off tr?
By Glenn Reynolds
SO HOW’S THAT DAILY BEAST / NEWSWEEK MERGER WORKING OUT? “OK, now they?ve basically killed off traffic at Newsweek.com, while visits to Dailybeast.com remain flat. The brilliance of this strategy is still escaping me.”
UPDATE: Reader Tom Grant writes: “Their entire focus is to act as campaign supporters for Obama’s 2012 re-election bid, so neither traffic, advertising revenue, nor profitability, actually matter.”
Full post as published by Instapundit.com on March 15, 2011 (boomark / email).
Merger Agreement Rejected
Finish Line and Genesco reach $175 million settlement in merger dispute.
Sunwest Management Inc.
allegedly misled residents about staff and daily care.
Newspaper Employees
Chinese Daily News must pay $5.19 million class action settlement for failing to pay overtime.
New York City
$1.5 million settlement after a family of four was killed by an off duty drunken police officer.
City Streets and Jake Aaron Strickland
$1.2 million wrongful death settlement awarded after a husband and father was killed by a convicted drunk driver.
Allstate Insurance Co.
$100,000 insurance settlement after a teenager was killed in a drunk driving accident.
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