News tagged with media companies

Where Yahoo's media play went wrong

When Yahoo announced last year that it had lost $42 million reviving NBC's TV series "Community" and launching two other original shows, the company framed it as a failed experiment. It didn't work, so Yahoo was cutting its ...

dateJun 08, 2016 in Business
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China's Alibaba pays $266M for influential HK newspaper

E-commerce company Alibaba is buying Hong Kong's South China Morning Post for 2.06 billion Hong Kong dollars ($266 million), it said Monday, in a deal that's stirred concern the English-language paper's reporting may be softened ...

dateDec 14, 2015 in Business
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