Gerald Levin Apologizes for "Worst Deal in History"

Related: Full 22-minute segment with Steve Case and Jerry Levin

PullQuote: Analyst Upgrades Newspapers

A Wells Fargo Securities analyst upgraded Gannett and New York Times.

Analyst John Janedis said "after years of downward revenue estimate revisions, it appears as though the newspaper ad market is improving more quickly than we anticipated, particularly in December."