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RealMoney Radio: Nothing but Net
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The old media can't seem to make enough money from the Web because the companies are too busy balancing the losses they are taking from their print businesses, Jim Cramer said on his "RealMoney" radio show Monday.
For example, Tribune (TRB Quote) will "most likely will be dissected and sold because it has no growth," he said.
In addition, the New York Times (NYT Quote) should sell its profitable broadcast businesses if it hopes "to ignite some positive revenue numbers"; and Time Warner (TWX Quote) is "selling off its core magazines because those publications have no growth whatsoever," Cramer said. ...
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