New York Times digital business overtakes print for first time (reuters.com)

Rolling Stone, the magazine Jann Wenner started 50 years ago with a $7,500 loan from his family, closed a deal with Penske Media Corporation, sending Wenner Media's value to $100 million and giving PMC a controlling interest in the company. Wenner Media was previously valued at $50 million. The investment from PMC is within that same range, giving them a 51% stake. It is reported to rival what it paid for Fairchild's stable of titles in 2014. After rumors circled that PMC was the frontrunner in the bid for Wenner Media, the corporation closed the deal yesterday afternoon. Click Read More below for additional information.

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For decades, tech watchers have been predicting the rise of the paperless society, where businesses and homes are fully digital, without a scrap of paper in sight. The reality is that while email and digital record-keeping have perhaps reduced the amount of paper in our lives, they haven’t done away with it entirely — which means we still need to create and maintain good paper management systems. At Domtar, we’re strong advocates for the use of paper in our daily lives for everything from record keeping to sustainable packaging. Studies have shown that paper is a sustainable alternative to single-use plastics, while other reports highlight the hidden environmental costs of digital communications. But did you know a robust paper management system that organizes paper statements, receipts, invoices and written budgets can also help you become more financially responsible? Here are four reasons why: You can see paper. Paper tells the truth. You learn more with paper. Paper offers security.