Value-wise, I doubt if you could put a price-tag on the newspaper in terms of return....of more than $10 million. There’s simply no real profit...so it’s a matter of status. If you claim ownership...you can attend parties, get dimwit foundations to invite you to functions, and have lobbyists crowd around to pump you up. Maybe that makes the paper worth $250 million.
The fact that folks don’t quote the NY Times like they did in the 1960s....also is a problem. Given a choice of a USA Today or New York Times, if traveling, I’ll pick the USA Today every time.
I wish I had billions.
I would buy it and put Matt Drudge and/or Ann Coulter in charge.
Scrapped for parts.
How is Bloomberg going to make it profitable? He would bring to the NYT the same fantasy left viewpoint that has caused the NYT to lose readership and thus advertising revenue.
Doesn’t Carlos Slim now own more than the Sulzberger’s?
The image of an old grey lady trying to turn a trick on the streets of NYC went through my wicked mind just now.
Before I got my Samsung tablet I still had some newspapers lying around. But with my tablet always in reach, I can pick it up on the fly and read any newspaper in the world, at any time. Print is dead. If it was good print it may successfully morph to an online presence. But the NY Times? Bye bye.
Just quit printing. Go out of business. What a wonderful day that would be.
Jeez, if Bloomturd owned the NY Slimes...it would be so left... the CPUSA would use it for their own members. I bet Bloomturd could make the sports section more liberal. He wrecked ‘Business Weak’.