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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

New Hearst tower cost $500m

William Randolph Hearst, the media magnate who died 55 years ago, would certainly appreciate his company's new glass and steel monolith in Manhattan. The $500m tower, paid for in cash, is proof that that the corporation he left behind is still a media giant with profitable assets that include newspapers, magazines and TV stations, plus investments in cable channels and digital start-ups. (Via NYT > Media and Advertising)

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