Red Sox owner enters $70M deal for Boston Globe
The New York Times Co. says it has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox for $70 million, a massive drop from the record $1.1 billion it paid for it.
The New York Times Co. says it has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox for $70 million, a massive drop from the record $1.1 billion it paid for it.
Business
Aug 3, 2013
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The New York Times Co. posted a loss of $88.1 million in the previous quarter on Thursday, as a write-off in the value of website About.com wiped out gains from increased online subscriptions.
Business
Jul 26, 2012
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The New York Times added more than 40,000 digital subscribers in the third quarter but advertising revenue continued to slide.
Business
Oct 20, 2011
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Canada's Globe and Mail newspaper has announced plans for an online paywall to generate extra revenue and has also asked staff to take unpaid leave amid an ongoing slide in advertising income.
Internet
May 11, 2012
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The New York Times Co. is girding for a legal battle that many larger organizations have avoided. The Times is leading the defense of a diverse group of companies that use technology they assumed was free: sending text messages ...
Business
Aug 28, 2012
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Canada's national daily, The Globe and Mail, on Monday began charging readers a Can$20 monthly subscription to access news on its website.
Internet
Oct 22, 2012
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Setting its sights on accelerating growth in advertising revenue, Internet radio giant Pandora on Wednesday named the former head of digital advertising company aQuantive, Brian McAndrews, as its new chief executive.
Business
Sep 11, 2013
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The Boston Globe has offered buyouts to 43 employees, including 20 in the newsroom, in the face of "challenging times for our industry."
Business
Jul 24, 2012
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Carlos Slim, the Mexican magnate believed to be the world's richest individual, has increased his stake in the The New York Times Co. to 8.1 percent, regulatory filings showed Thursday.
Business
Oct 7, 2011
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Some of America's largest and most storied metropolitan newspapers are up for sale, in a sign of the turmoil facing an industry struggling to find a business model in the digital age.
Business
Feb 28, 2013
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