True. And this goes a long way toward explaining the NYT stock price. Let's see: circulation is down, ad revenue is down, the print industry as a whole is down, the price of a share is going down, and the ownership structure of the company makes it so that a shareholder can't have any real input into how the business is run ...
Why would anyone own such a stock?
I give up. Because they need to own shares in NYT to bump their I-hate-Bush-more-than-you-do creds?