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Cracker Squire

THE MUSINGS OF A TRADITIONAL SOUTHERN DEMOCRAT

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Location: Douglas, Coffee Co., The Other Georgia, United States

Sid in his law office where he sits when meeting with clients. Observant eyes will notice the statuette of one of Sid's favorite Democrats.

Thursday, February 21, 2013

New York Times Puts Boston Globe on Block .

From The Wall Street Journal:

New York Times Co. NYT -0.44%has put the Boston Globe on the market, in a move that could shrink the company to little more than its flagship newspaper.

While the New York Times has had some success charging for access to its website, amassing more than 600,00 digital subscribers in less than two years, the Globe has had less luck, reporting only 28,000 digital subscribers at the end of the fourth quarter.

Times Co. has sold a string of assets over the past year or so, including its regional newspapers; About Group, parent of the how-to website About.com; and a stake in the owner of the Boston Red Sox. Aside from its flagship New York Times newspaper, a sale of the Globe would leave the company with only the International Herald Tribune.

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