Warren Buffett Says The New York Times Business Model Is Unsustainable

  • DailyCandy CEO Pete Sheinbaum is leaving the company less than a year after selling it to Comcast [MediaMemo]
  • Warren Buffett: “If the New York Times is going to sell for $2 and be free on the internet, that’s a very unsustainable model.” [PaidContent]
  • Disney CEO Iger “The possibility of our long-form content ending up on the YouTube platform still exists.” [PaidContent]
  • RIM co-CEO wants to buy an NHL team [Reuters]
  • Intel launches an expensive ad campaign [NYT]
  • YouTube wants partners to share product placement profits [PaidContent]
  • The Internet gets more tubes [epicentre]
  • 54% of 122 Tech companies say they’re still hiring [WSJ]
  • Facebook refuses to seek revenue [AllFacebook]
  • What has Google learned about TV? Nothing new [AdAge]

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