Is The Times Falling Behind The Times?

Investors just can't get enough of multimedia. Wall Street has bid up the shares of almost all media companies, figuring they'll offer much of the information that will give multimedia zing. Most publishers, meanwhile, are rushing to set up on-line services: In mid-November alone, Dow Jones & Co. and Washington Post Co. launched projects to develop interactive versions of The Wall Street Journal and The Washington Post.

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