Newspaper news in Boston

The New York Times bought the Boston Globe for $1.1 billion in 1993.

The Times just announced it sold the Globe for $70 million.

That is a 93 percent loss.

Very tough time for the journalism business as newspapers are struggling all over the country.

 

Dan Leberfeld
Dan Leberfeldhttps://www.jetsconfidential.com
Publisher of Jets Confidential Magazine. Call 1-800-932-4557 (M-F, 12-4) to subscribe. Co-host of Press Coverage every Saturday on SiriusXM NFL Radio from 11-2.

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