The group of PLDT chair Manuel V. Pangilinan continues to be unsuccessful in expanding its growing media empire abroad, but given recent developments, MVP’s camp may soon have its very own “Financial Times.”
The Washington Post Co. said Friday that circulation and advertising had weakened further at its flagship daily newspaper, as the company reported a quarterly loss linked to a write-down.
The New York Times Co. said Wednesday that it is putting The Boston Globe and its related assets up for sale four years after it called off a previous attempt to sell the newspaper.
Philippine Long Distance Telephone Co. chairman Manuel V. Pangilinan is set to acquire a majority stake in Philippine Star, as the telecommunications group beefs up investments in media.
Unfazed by predictions of the death of newspapers, billionaire Warren Buffett is pumping more money into print.
