Peter Kafka

Recent Posts by Peter Kafka

Buy a Newspaper Stock? Yup, Says Barclays: The New York Times.

A rare vote of confidence in newspapers: Barclays analyst Kannan Venkateshwar has issued the equivalent of a “buy” recommendation for the New York Times. Venkateshwar, who has already put out a couple of positive notes on the Times this year, says he’s giving the publisher an “overweight” rating because its circulation numbers continue to improve, and because he thinks it is set to distribute some of its growing cash pile to shareholders.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald