Wow…even if you aren’t a business and media buff, this is one engaging, and tragic story: the mighty Lord Conrad Black has lost his media empire after (among other things) being fired from, and sued by, his own company, Hollinger International.

Black is also selling his interest in Hollinger Inc. (Hollinger International’s parent) to the British Barclay brothers, and because of foreign ownership rules, the firm’s Canadian newspapers must, in turn, be sold to a Canadian company (or companies).

Notably, The Globe and Mail broke these stories on its Web site, at least one of which was written by its online staff (typically, the print reporters file online).