The recent announcement by the New York Times (NYT) that it would start to require subscriptions next year has drawn no shortage of attention and commentary. It has tried to put content behind a pay wall before (and failed), as have other newspapers.

Almost universally, newspapers have struggled with online subscriptions, with the Financial Times and Wall Street Journal, a News Corp (NWS) property, the only two that have really delivered results better than awful. Whether the New York Times can operate at that level is in doubt, particularly given the stunning realization about Long Island daily newspaper Newsday.

Continue reading Newsday Shows Future of Online Subscription Model

Newsday Shows Future of Online Subscription Model originally appeared on BloggingStocks on Wed, 27 Jan 2010 11:20:00 EST. Please see our terms for use of feeds.

Anne Lacombe, spokeswoman for the Corcoran Group, a real estate broker involved in the transaction, said the home was under contract for more than asking but did not have information on the exact amount, buyer or closing date, according to the Associated Press.

Continue reading Madoff mansion moves for more than asking price

Madoff mansion moves for more than asking price originally appeared on BloggingStocks on Thu, 17 Sep 2009 18:00:00 EST. Please see our terms for use of feeds.

CA Inc. (NYSE: CA), the software company formerly known as Computer Associates, last week began to speak out against founder Charles Wang about two years too late.

Under Wang's leadership, Computer Associates developed a reputation for accounting shenanigans, shoddy customer service and obscenely high executive compensation, which is why a special board committee urged CA to try and recoup some of Wang's pay. The company should take the advice.

Wang, who also owns the New York Islanders, has denied any wrongdoing. The New York Times reported that he blames CA's problems on his successor Sanjay Kumar, one of many company executives who pled guilty to securities fraud following a federal investigation.

Considering how close the two men were and Wang's autocratic management style, Wang's denials are hard to believe. If this fight goes to court, this will get nasty very quickly. CA has tried for years to undo the damage done by Wang and his associates. The New York Times pointed that the company has had to spend $500 million on fines ad internal investigations.

Continue reading CA belatedly fights founder Charles Wang

CA belatedly fights founder Charles Wang originally appeared on BloggingStocks on Mon, 16 Apr 2007 15:45:00 EST. Please see our terms for use of feeds.

Google sued 'for the children' in PR campaign by Long Island politico originally appeared on BloggingStocks on Fri, 05 May 2006 12:30:00 EST. Please see our terms for use of feeds.