Slim Media

Carlos Slim is upping his ownership stake in the New York Times, with a $250 million investment, which comes on top of the $128 billion injection last summer (which has since declined by more than half). Slim will be awarded shares through annual dividends over the course of several years, at the end of which he will own 17 percent of the Times' stock. (The Sulzbergers control 19 percent, which grants them control of the company because it's distributed in shares given greater voting power, which won't be the case for Slim.) One dispiriting stat about the future of the Times: as of September, it had $1.1 billion in debt, and a mere $46 million in cash on the books.