Romenesko: New York Times to sell Boston Globe

info@islandpacket.comFebruary 20, 2013 

The Boston Globe

COURTESY OF BOSTINNO.COM

According to Romenesko, the New York Times is selling the Boston Globe:

The Boston Globe and the Worcester Telegram & Gazette are outstanding newspapers and they and their related digital properties are well-managed leaders in their markets with real opportunities for future development. We are very proud of our association with the Globe and the Telegram & Gazette, but given the differences between these businesses and The New York Times, we believe that a sale is in the best long-term interests of these properties and the employees who work for them as well as in the best interests of our shareholders.
Details here.

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