Changes in the News Industry, Search Engine Developments, and More

摘要

The business of news reporting and dissemination continues to morph. In mid-March, newspaper owner McClatchy Co. agreed to buy Knight Ridder (KR), the second-largest newspaper company in the U.S., for about $4.5 billion in cash and stock. This was a closely watched sale since media sources reported that either high or low bids could influence the future of the newspaper industry. The price was apparently high enough to calm some fears. Perhaps the most interesting aspect of the deal was that McClatchy was the sole final bidder.