Billionaires hoped to profit in media. It’s not working. ...Middle East

“Wealth doesn’t insulate an owner from the serious challenges plaguing many media companies, and it turns out being a billionaire isn’t a predictor for solving those problems,” said Ann Marie Lipinski, curator of the Nieman Foundation for Journalism at Harvard University. The post Billionaires hoped to profit in media. It’s not working. appeared first on Boston.com.

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