The NYT sold the Globe for a song but they also kept the pension liabilities of more than they got for the paper. They lost all of what they paid for the Globe and then some.
The only way the NYT could pull out of the hole they have dug themselves into, is to sell themselves to Fox News.
Or Rush Limbaugh.
Or one of a handful on the right, who could completely turn the newspaper on its head. And restore it to immediate success.
Otherwise is will continue to spin out until it vanishes.
Just my view from the sidelines.