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Boston Globe

BostonGlobe.Com Launches Today; Shifts To Paying Subscribers Only Oct. 1

Sep 12, 2011 4:30 AM

One of the most unusual efforts to make money from a newspaper web site launches today in Boston, slightly less than a year after plans were announced. For the rest of September, BostonGlobe.com, which went live overnight, will be open to registered users through a sponsored free trial. Come Oct.…

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Posted In: Advertising, Apps, Entertainment, Sports, Companies, New York Times, boston globe, bostonglobe.com, christopher mayer, martin baron

Investor Group Surprises NYT With Interest In Buying The Boston Globe

Oct 20, 2010 6:29 PM

More than a year after The New York Times Co. (NYSE: NYT) decided the Boston Globe was worth more inside the company than it could make from a sale, a group of investors wants to buy the paper and the rest of the New England Media group. That includes Boston.com…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, boston red sox, new england sports ventures

Boston Globe To Start Charging For Online Access

Sep 30, 2010 12:01 PM

The Boston Globe will join its sister paper The New York Times in charging for access to some online content beginning next year. The newspaper says that it is launching a new paid site, BostonGlobe.com, which will include “all news and feature stories, commentary, analysis, photographs, and graphics published in…

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Posted In: Advertising, E-Commerce, Payment Systems, Media & Publishing, Newspapers, Online News, Companies, New York Times, boston globe

New York Times Co. Pulls Worcester Paper Off The Market

Dec 7, 2009 3:02 PM

The New York Times Co. (NYSE: NYT) is two-for-two when it comes to selling properties in the New England market: two papers for sale, two pulled off the market. First the company halted sales efforts for the Boston Globe, now the company is taking the Worcester Telegram & Gazette off…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, worcester telegram & gazette

Industry Moves
Management Changing At Top Of Boston Globe, New England Media

Oct 29, 2009 3:23 PM

Scant weeks after the New York Times Co. (NYSE: NYT) said the Boston Globe is no longer for sale comes the news that Steven Ainsley is retiring at the end of a very tough year. The NYTCo vet has been publisher of the Globe since 2006, following his stint as…

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Posted In: Industry Moves, Media & Publishing, Newspapers, Companies, New York Times, boston globe, chris mayer, steve ainsley, worcester telegram & gazette

NYT’s Sulzberger To Globe Staff: ‘Our Hand Is Not Being Forced’

Sep 9, 2009 3:07 PM

Last spring, the New York Times Co. (NYSE: NYT) threatened to shut down the Boston Globe unless unions agreed to $20 million in cuts. Despite pleas to get involved as the Newspaper Guild struggled with its response—eventually resolved—NYC Chairman Arthur Sulzberger, Jr. and CEO Janet Robinson stayed away. Today the…

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Posted In: Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, arthur sulzberger, boston globe, janet robinson, platinum equity, steve ainsley, steve taylor

Sulzberger: ‘Price Is Not Only Consideration’ In Globe Sale

Aug 7, 2009 10:03 AM

The New York Times Co. (NYSE: NYT) has gone public with efforts to sell the Boston Globe and the rest of the New England Media Group but Arthur Sulzberger, Jr., is staying away from absolutes about an actual sale. In his first interview on the subject, Sulzberger told the Globe:…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, arthur sulzberger, boston globe, janet robinson

Report: San Diego Union-Tribune Owner Platinum Bids $35 Million For Boston Globe

Aug 7, 2009 8:37 AM

Private equity firm Platinum Equity, which specializes in acquiring distressed companies, wants to add the Boston Globe to its newspaper holdings, the paper reported today. Sources tell the Globe the bid for the New England Media Group is $35 million, plus the assumption of $59 million in pension liabilities from…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe

10-Q Watch: NYT Finally Confirms Boston Globe Is For Sale

Aug 6, 2009 5:41 PM

After playing coy for weeks—despite reports in its own papers and point-blank questions to its execs—the New York Times Co. (NYSE: NYT) is finally admitting that the Boston Globe, the Worcester Telegram & Gazette and their websites are for sale. From the 10-Q issued after today’s markets closed: “The New…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe

Newspaper Guild Approves Boston Globe Deal This Time Around

Jul 20, 2009 10:15 PM

The Boston Globe sale process can start in earnest now that the paper’s largest union finally has agreed to a new deal. Members of the Newspaper Guild voted by a wide 366-to-179 margin to accept a new package worth $10 million in cuts to pay and benefits, part of the…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, daniel totten, newspaper guild

NYT Postpones Deadline for ‘Boston Globe’ Bids

Jul 8, 2009 12:58 PM

Holding your breath for word that potential buyers have actually submitted bids for the Boston Globe and sister paper Worcester Telegram & Gazette to the New York Times (NYSE: NYT) Co.? You can stop now unless you’re trying for an endurance record that lasts indefinitely. The company’s banker Goldman Sachs…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe

NYT Co: Buy The Globe, Get Worcester Telegram As Well

Jun 27, 2009 2:34 AM

The New York Times Company (NYSE: NYT) hopes to sell off another New England newspaper, the Worcester Telegram & Gazette, as part of a package effort to sell the Boston Globe, according to a letter sent to potential bidders by the banker Goldman Sachs. NYT got a copy of it…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe

Boston Globe, Guild Reach Tentative Agreement; Next Vote Is July 20

Jun 23, 2009 11:41 PM

The Boston Globe and its largest union, the Boston Newspaper Guild, have a tentative agreement that may go over better than the version that failed narrowly two weeks ago. According to a statement from the paper, the new agreement saves the same amount of money and does away with layoff…

keep reading for the Globe statement and more. »

Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, newspaper guild, steve ainsley

Boston Globe Union Sets Date For New Contract Vote—Sans Offer

Jun 18, 2009 9:37 PM

Hoping to minimize the pain of a 23 percent pay cut, the Boston Newspaper Guild has set July 20 as the date for a vote on a new contract—despite the lack of even a preliminary agreement with the Boston Globe.The move comes after the New York Times Co. (NYSE: NYT)…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, daniel totten, newspaper guild

Boston Globe, Union Talk For More Than 26 Hours—And It’s Not Enough

Jun 17, 2009 5:11 PM

Despite 26-plus hours of talk—on top of the endless hours from the last go round—the search continues for a resolution between the Boston Globe and its largest union, the Boston Newspaper Guild, following last week’s failed concession vote. Representatives for the two started the marathon Monday in what was supposed…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, boston globe, newspaper guild

Boston Globe Update: Guild, Paper Try To Find Way Back From Abyss

Jun 16, 2009 11:12 AM

Boston Globe representatives insisted for days that Monday’s meeting between the paper and the Boston Newspaper Guild would be purely informational, focusing on the imposition of a 23 percent wage cut on union members following the defeat of a $10 million concessions package. Apparently, both sides got enough “information” to…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, arthur sulzberger, boston globe, national labor relations board, newspaper guild

Possible Boston Globe Buyers Emerge But Don’t Hold Your Breath

Jun 12, 2009 8:50 AM

Live in Boston, have access to at least $100 million or so and like a good challenge? You, too, could be a possible bidder for the Boston Globe, the latest asset being shopped by the New York Times Co. (NYSE: NYT) The latest three names to emerge come courtesy of…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe, jack connors, newspaper guild, stephen pagliuca, steve taylor

Boston Fund Manager Shows Interest In Buying The Boston Globe

Jun 11, 2009 10:46 AM

A union pension fund manager has emerged as the first public suitor for the Boston Globe. Boston-based Intercontinental Real Estate Corp. confirmed its interest to the Boston Herald, saying the Globe fits its investment profile and that is has been pursuing a purchase for about 10 weeks. The company, which…

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Posted In: Legal, Regulatory, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe, intercontinental real estate corp., newspaper guild

Updated: Sulzberger To Globe Reporters: ‘No Alternative’ To 23 Percent Wage Cut

Jun 10, 2009 2:50 PM

Arthur Sulzberger, Jr.‘s response to Boston Globe reporters seeking his intervention to ward off a 23 percent wage cut boils down to one word: No. He feels their pain, he doesn’t like the results of the Boston Newspaper Guild’s vote but his hands are tied. In the e-mail posted by…

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Posted In: Media & Publishing, Newspapers, Companies, New York Times, arthur sulzberger, boston globe, newspaper guild

Costs Slashed, NYT Considers Globe Sale

Jun 10, 2009 9:28 AM

The New York Times Co. (NYSE: NYT) has hired Goldman Sachs to manage a possible sale of the Boston Globe, according to the paper. The investment bank already reps the company in its efforts to sell its 17.75 percent stake in New England Sports Ventures, LLC, the company that owns…

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Posted In: Legal, Regulatory, Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, New York Times, boston globe, newspaper guild, red sox

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