David Carr Questions the Possibility of a Newsweek Sale
As the deadline for bids on troubled, for-sale glossy Newsweek draws nigh, The New York Times‘ David Carr takes the opportunity to imagine what the magazine might be worth. His answer: not much, maybe less than zero dollars.
The idea of a negative valuation on the Newsweek franchise is not new. The Business Insider’s Henry Blodget issued a tongue-in-cheek $1 bid for when The Washington Post Co. first announced it was selling the magazine on May 5.
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