Tuesday, May 5, 2009

A World Without the Globe?

Eugene Robinson writes:

Despite the whole Red Sox vs. Yankees thing, employees of the Boston Globe were mostly relieved in 1993 when the paper was bought by the New York Times Co. for an astounding $1.1 billion. If the era of local family ownership had to end, nestling beneath the wing of one of the world's great newspapers seemed the best alternative. And if the Times was willing to pay so much, it must have been serious about putting quality ahead of the bottom line.

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