Originally posted on Next Impulse Sports  |  Last updated 3/21/13
This news is a few weeks old now, but I’ve been meaning to write about it since it was first announced.  The New York Times is attempting to sell The Boston Globe.  In 2009 the Times also tried to sell the Globe, but the best offer they got was $35 million (plus the taking on of pension liabilities, around $100 million or so).  The Times is hoping to get $150-$175 million from the sale this time around.  That seems like a lot of money until you consider that the Times bought the Globe for $1.1 billion in 1993.  And then the internet happened.  This quote from an article in the Globe about it’s own sale is pretty amusing: “News of the intended sale is sure to spark a new round of speculation and uncertainty at the newspaper, which has withstood — better than many other metropolitan dailies — the challenges of more readers shifting to the Internet and a protracted drop in advertising revenues.” Way to toot your own horn Globe, and good luck beating the internet.  It just killed Newsweek a couple months ago.  Even though it’s kind of sad to think about, print media definitely appears to be on it’s last legs. Check out “37 seconds of sports and other stuff i care about” at lucidsportsfan.com, and follow Mark on twitter @LucidSportsFan Article found on: Next Impulse Sports
MORE FROM YARDBARKER

Report: Pacers accuse Lakers of tampering with Paul George

Report: Anquan Boldin abruptly tells Bills he's retiring

Todd Bowles blames O-line for Christian Hackenberg’s poor preseason outing

Justin Verlander implies baseballs are juiced

Blake Griffin: I could see LeBron going to NYC before LA

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Ric Flair's daughter says WWE legend 'getting better'

NBA confirms Lakers under investigation for tampering

Report: Le'Veon Bell may return to Steelers by Labor Day

Report: Savage 'firmly in control' of Texans' starting QB job

Jaguars send message with latest unofficial depth chart?

Hackenberg gets Wikipedia treatment after brutal sack

Getaway Day: The playing field is leveling off as the wild-card chase takes shape

Sports & Politics Intersect: Echoes of Charlottesville ripple across the sports world

Best of Yardbarker: NFL goes in on Ezekiel Elliott, NFLPA

BIG3 Playoff Preview: Can anyone stop Trilogy?

The 'Bye bye to the Beast Incarnate?' quiz

Why the SEC is not the best football conference anymore

Box Score 8/18: Reds and Cubs claw through a 23-run game

The 'M! E! S! S! Mess! Mess! Mess!' quiz

Three Up, Three Down: Giancarlo Stanton won't stop hitting homers

NFL shifts blame for Zeke suspension to police and NFLPA

Box Score 8/17: Interleague games bring the fireworks

The 'Forget Calvin, bring back Jerry' quiz

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Yardbarker Privacy Policy and Terms of Service. You can opt out at any time. For more information, please see our Privacy Policy.

Getaway Day: The playing field is leveling off as the wild-card chase takes shape

Sports & Politics Intersect: Echoes of Charlottesville ripple across the sports world

BIG3 Playoff Preview: Can anyone stop Trilogy?

The 'Bye bye to the Beast Incarnate?' quiz

Why the SEC is not the best football conference anymore

The 'M! E! S! S! Mess! Mess! Mess!' quiz

Three Up, Three Down: Giancarlo Stanton won't stop hitting homers

NFL shifts blame for Zeke suspension to police and NFLPA

The 'Forget Calvin, bring back Jerry' quiz

BIG3 Referee Hotline Bling: Charles Oakley slams the phone — and his opponents — down

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker