John Paczkowski

Recent Posts by John Paczkowski

News Corp. Unloads Beliefnet

Looks like News Corp. (NWS) has found a buyer for Beliefnet, the spirituality site BoomTown reported the media giant was shopping around this spring. PaidContent reports that investment group BN Media has acquired the site for an undisclosed sum. News Corp. has since confirmed the sale.


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I think going public today is almost like a Bataan death march. I think Wall Street — this will insult many people — but I think in many ways it bears a resemblance to organized crime. It is legal today what they do, but what they do is manifestly unfair.

— Roger McNamee of Elevation Partners, in conversation with Bloomberg Television’s Margaret Brennan