Tagged: New York Times Company

Times keeps Globe

October 15th, 2009 in Media 0 comments

Boston Globe logoAfter months of forcing cutbacks and considering bids, The New York Times Company decided to keep the Boston Globe after all.  College of Communication Dean Tom Fiedler, a Pulitzer-winning former Miami Herald executive editor, says the key reasons were the “stunningly low” offers and the new optimism about the Globe’s prospects.

“Add to that significant new revenue from a hike in the Globe’s price and the gradual return of recession-battered advertisers, and the Times may be envisioning a balance sheet in the black.”

Contact Tom Fiedler, 617-353-3488, tfiedler@bu.edu

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