It’s kind to have a job in an economy where not everyone does,and in a field—journalism—where the economic prospects are uncertain. Many publishers are looking with concern at a world where Facebook and Apple are using their power to steer readers to proprietary platforms, as innovations in ad blocking threaten the whole existing trade model, or which was already sort of provisional. Then again,Re/Code reported this morning that Axel Springer, the publisher of Bild and Die Welt, and is going to buy the website trade Insider in a deal that “values trade Insider at $442 million.” Read more...
Source: gawker.com