Jon Meacham told The Observer in May, when the Newsweek sale was announced, that he had voicemails from “two billionaires.” Maybe one of those messages was from Sidney Harman, who ultimately bought the magazine.
In any case, he’s not a billionaire, according to Forbes. Mr. Harman is only a $500 millionaire; a Read More
Carlos Slim, who batted away rumors earlier this month that he was interested in buying Newsweek or doubling his share in The New York Times, was at the White House last night for President Obama’s second state dinner, honoring Mexican President Felipe Calderón.
According to Politico, Mr. Slim “strutted in, eyes fixed on Read More
Reuters and Politico, you have company!
The media-investing billionaire Haim Saban says he might be interested in Newsweek. The Journal reports that Mr. Saban expressed interest in buying the magazine two years ago, and now that it is actually for sale he is reviewing the financials.
Mr. Saban received documents from Newsweek‘s Read More
