Saturday, September 12, 2009

NYT CEO fields questions about T&G's future

The Telegram & Gazette is being packaged for possible sale with the Boston Globe, but The New York Times Co. could also retain the papers and their Web sites, Janet L. Robinson, president and chief executive officer of the Times Co., told T&G employees today.

The Times Co. put the New England Media Group, which includes both newspapers and, up for sale this spring after severe drops in circulation and advertising at the Globe, worsened by the recession, triggered spiraling losses estimated at more than $1 million a week last year.

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