Barry Diller’s IAC/Interactive will buy the New York Times’ About Group in a $300 million cash deal. Peter Horan’s Answers.com had been set to buy About.com for $270 million before Diller got in a late-stage bid last week. Read more »
The New York Times Co. raised eyebrows among media watchers this morning when it announced that online ad revenue had slid from a year ago. While the decline was a modest two percent and was accompanied by good news on the circulation front, the drop is […] Read more »
