What’s The Boston Globe worth?

in In the News, Videos
February 21st, 2013

From NECN.com
With Videographer Scott Wholley
February 21, 2013

(NECN: Peter Howe, Boston) – Making official what had been widely known for months, The New York Times Co. late Wednesday put The Boston Globe and the rest of its New England Media Group up for sale, driving renewed speculation about a tough to answer question: Just what is New England’s biggest newspaper, and its associated websites, worth in 2013?

“For a prospective buyer, there’s a lot to like about the Globe as a business, and definitely as a news organization,” says Lou Ureneck, a Boston University journalism professor and director of its business and economic journalism program. “The Globe is a going concern, it’s a profitable business, it has a distinguished brand…”

Watch the video at NECN.com.