Patch is making cuts and the Washington Post is being sold at a fire-sale price. Times are tough in the local-news business, but that doesn't mean the situation is hopeless. Listen to the podcast of tonight's show for a few thoughts on that.
You've heard of "Buy low, sell high", right? Perhaps the smarter angle on that would be "Buy low enough that you can sell fair and still be happy." People who count on "selling high" probably miss the point of "buying low." And buying low is the only way to be sure you've done the deal right.
Thanks for listening tonight! We'll be back next Sunday night at 9.