When Newsweek went on the auction block back in May, some good bidders appeared...as well as some unsavory bidders. Thank the journalism god for disposing of the junk-journalistic bidders and keeping Newsweek a mainstream, professional news source!
Jason Fell of FOLIO magazine gives this account:
The deal is done and the announcement has been made: The Washington Post Co. has wrapped up its auction of Newsweek, selling the ailing newsweekly to audio magnate Sidney Harman. The deal was announce... Continue reading ...