Related topics: new york times

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.

Write-off contributes to NY Times losses

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.

Canada's Globe and Mail to erect online paywall

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.

NYTimes leads group defense in mobile patent suit

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 ...

Pandora names ex-aQuantive head McAndrews as CEO (Update)

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.

Carlos Slim ups stake in NY Times to 8.1 percent

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.

For sale: big, bold US dailies at knockdown prices

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.

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