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  • I'm CEO of Newspeg.com, a social news-sharing platform. I've spent 20 years at the intersection of traditional and digital journalism. I've helped to invent ways to read and interact with the news and advertising on computer screens and iPads, and before that, I wrote news stories on typewriters and six-ply paper. I co-founded WashingtonPost.com and hyperlocal pioneers Backfence.com and GrowthSpur; served as editor of Philly.com; taught media entrepreneurship at the University of Maryland; and have done product-development and strategy consulting for all sorts of media and Internet companies. You can read more about me here.

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« It's the Election, Stupid | Main | The John Edwards Affair »

August 08, 2008

Comments

edward

I had the same reaction to this very curious arrangement. The departure of Ganzi from Hearst indicated to me that others inside Hearst also questioned what their company was doing making arrangements with Singleton. An alternative explanation I might have is that Billy Dean's debt-incumbered empire is clearly fast unraveling, and Hearst is moving to save what it can. But with either my suggestion, or yours, I would think debtors could accuse Hearst of being involved in some asset-stripping scheme should Media News end up in bankruptcy court.

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