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Publishers find the AI era not all that lucrative
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What We’re Reading
We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
The New York Times / Katie Robertson / Apr 18, 2021
“Mr. Wyss, who made his fortune as a medical device manufacturer, had joined the Maryland hotel executive Stewart Bainum Jr. in a bid that seemed as if it had a chance of preventing Tribune from becoming fully owned by its largest shareholder, the New York hedge fund Alden Global Capital. … Mr. Bainum, who had taken a special interest in another Tribune paper, The Baltimore Sun, remains committed to pursuing ownership of Tribune Publishing.”
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