The newspaper business has taken a plunge in the past few years. Some prominent papers have moved exclusively online, while others have folded.
The purchase of the Las Vegas Review-Journal as part of a $140 million dollar deal earlier this week stopped the presses. Even more attention is being paid to the transaction now that that outspoken billionaire Sheldon Adelson was revealed as the man behind the agreement.
Rick Edmonds, media business analyst for the Poynter Institute, spoke about the sale.
