Whatever you think about News Corp’s (NYSE: NWS) investments in newspapers — whether it’s acquiring Dow Jones, keeping the New York Post or investing in its UK holdings — Pali Capital’s Rich Greenfield says the media conglom is in better shape than its pure-play counterparts. In a way, it’s the same mix that keeps News Corp from, being as vulnerable to the U.S. advertising slump as other entertainment and media companies: diversity. Writes Greenfield: “Newspapers are simply not a reason to avoid owning NWS
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