Newsmax Media bidding to buy Newsweek
2 hrs 4 mins ago
Michael Calderone is the media writer for Yahoo! News.
Despite lean years for magazines, Newsmax has bucked industry trends and posted revenue last year of around $35 million, according to the Financial Times.
Wednesday, June 02, 2010
WHERE DID THE MONEY COME FROM?
Since I first learned of it, I always thought Newsmax was just another low-rent wingnut site but according to this Yahoo News article, I'm terribly mistaken:
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