“People reading news for free on the Web, that’s got to change.”What he meant:
"People reading news for free on the Web, that's got to change if I have any chance of salvaging some value from the incredible amount I overpayed for Dow Jones not very long ago. I really screwed up on that one and wasted a lot of investor money. Five billion dollars? Oops."Nice timing by the Bancrofts. If it were still independent, what would Dow Jones be trading at today?
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