The Power of Us

Private equity selloff of US newspapers

Like the Wall Street Journal’s Bancroft family, private equity firm PCM has been in a selling mood of late. Selling: a huge chunk of its holdings in US newspaper companies. Then again, those companies are on track for a $2 billion decline in revenue, year-over-year. See: Reflections of a Newsosaur: PCM dumps publishers

Andrew Nachison

Andrew Nachison

Andrew is co-founder of We Media and of iFOCOS, a media think tank and futures lab. Find him on LinkedIn.

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