
News Corp bought Storyful, the social media news agency, for about $25 mil. (Press Release)
Katie Couric told her staff that there wouldn’t be a third season of her show, just hours before the holiday party. But they got cashmere gloves to soften the blow. (The New York Post)
The Edible magazines empire has “grown like kudzu” in the past 10 years. (Modern Farmer)
Negotiations by Darden Media to buy Maxim, have fallen apart. (The New York Post)
Buyouts at the Times, this time on the business side. (Capital New York)